Pernod Ricard's Q1 organic sales declined 5.9%, primarily due to poor performance in China and the U.S. market.

Pernod Ricard reported a challenging start to the fiscal year, with Q1 organic sales declining by 5.9% and reported sales down 8.5%. The decrease is attributed to poor performance in China and declines in the U.S. market, impacting the company's overall growth. The results highlight ongoing struggles in key markets, raising concerns about future sales prospects for the global spirits company.

October 17, 2024
14 Articles

Further Reading