Pernod Ricard said it is focused on cost-control after weakening sales and rising costs bit into the distiller’s earnings.
Pernod Ricard SA’s sales fell more than expected on a sharp slump in demand in China and the clearing out of excess stock in the US. Organic sales fell 7.6% in the first quarter, the French spirits ...
By Dominique Vidalon and Emma Rumney PARIS/LONDON, Feb 19 (Reuters) - Pernod Ricard reported declining sales across all five of its priority markets in the first half of its fiscal year on Thursday ...
Pernod Ricard (PRNDY) remains a Hold as headwinds in the US and China outweigh strengths in tequila, RTD, and travel retail. PRNDY's must-win brands like Jameson and Absolut show resilience, and the ...
Diageo's new boss Dave Lewis cut the company's annual forecast and dividend in his first results presentation.
In the US context, Pernod Ricard touted the impact of “some inventory adjustments” on causing the sales drop seen, likely a downstream effect of US tariffs on goods the company is exporting from the ...
Sales for Q1 FY26 totalled €2,384m. Unfavourable Foreign Exchange impact of -€143m mainly linked to USD, INR and TRY1, and negative perimeter impact of -€54m mainly linked to the disposal of Wines. We ...
PARIS--(BUSINESS WIRE)-- Regulatory News: Pernod Ricard (Paris:RI) welcomes the conclusion of China’s MOFCOM Cognac Anti-Dumping investigation and agrees to a minimum price undertaking. This agreement ...
Pernod Ricard’s first-quarter sales have been dragged down by the US and China due to inventory adjustments and the impact of macroeconomic challenges. Stay ahead with unbiased news, expert commentary ...
Pernod Ricard said it is focused on cost-control after weakening sales in the U.S. and Chinese markets bit into the distiller's earnings. The French maker of Absolut vodka, Jameson Irish whiskey and ...
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