Pernod Ricard Expects Broadly Flat Organic Sales in Fiscal 2026/27
Pernod Ricard expects broadly flat organic sales in fiscal 2026/27, with declines in the US and China offset by growth elsewhere. First-quarter sales totaled EUR 2.23 billion; inventory adjustments contributed to declines of 10% in the US and 25% in China. Average organic sales growth is forecast near the bottom of the