Pernod Ricard SA (PDRDF)
- Business Wire
Pernod Ricard: Continuation of Share Buy-Back Program
PARIS, April 26, 2024--Regulatory News: Pernod Ricard (Paris:RI):
- Business Wire
Pernod Ricard: Robust Performance With Improving Momentum in Q3
PARIS, April 25, 2024--Regulatory News: Pernod Ricard (Paris:RI):
- Reuters
Pernod Ricard banks on 'dynamic' 4th quarter as US, China drag on sales
PARIS/LONDON (Reuters) -Pernod Ricard missed third-quarter sales forecasts on Thursday as its big U.S. and Chinese businesses remained under heavy pressure, and the spirits group will need an uptick in demand over the next few months to meet its full-year target. Consumers have been cutting back on expensive spirits in the world's top two economies, and Pernod, which makes Martell cognac and Absolut vodka, had been hoping trends would improve following a cut to its full-year forecast in February. In the United States, wholesalers and retailers continued to cut expensive spirits from their inventories as sales come off extraordinary highs seen after COVID-19, Pernod said.
