Pernod Ricard Reports Q1 Net Sales Decline, Maintains Cautious Outlook
Pernod Ricard said first-quarter net sales fell, citing weak performance across all regions, mainly the U.S. and China. The company maintained its cautious fiscal 2027 and medium-term outlook.
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06:44:21 AM UTC
SquawkNews
By Joshua KirbyDistiller Pernod Ricard said it is preparing for a potential listing in India, a key growth country, as sales fall in many of the group's other markets.The French group behind Absolut vodka, Jameson whiskey and Martell cognac said Thursday that sales in the world's most populous nati…
06:47:29 AM UTC
SquawkNews
Pernod Ricard's latest sales update looks pretty encouraging, analysts at JPMorgan tell investors in a note. The French distiller, maker of Absolut vodka and Captain Morgan rum, booked an organic 0.9% decline in net sales over its fiscal first quarter through September, a gentler drop than the 1.7…
S. and China. The company maintained its cautious outlook for fiscal 2027 and the medium term through fiscal 20…