Pernod Ricard Q1 Fiscal 2027 Sales Fall 0.9%
Pernod Ricard reported a smaller-than-expected 0.9% sales decline in the first quarter of fiscal 2027, citing weak demand and de-stocking in China and the United States, while demand in India was strong.
Pernod Ricard EURONEXT:RI said Thursday that sales fell 0.9% in the first quarter of fiscal 2027, a smaller decline than expected. Weak demand and de-stocking in China and the United States weighed on sales, while demand in India was strong.