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Pernod Ricard expects improved sales in 2026 despite current U.S. and China market struggles.
Pernod Ricard, maker of Absolut Vodka and Jameson Whiskey, anticipates improving sales trends in the latter half of fiscal 2026, despite an expected first-quarter decline due to inventory adjustments in the U.S. and weak demand in China.
The company's sales fell 3% last fiscal year, with China and the U.S. markets significantly impacting results.
Pernod Ricard maintains its long-term sales growth guidance of 3% to 6% annually for fiscal years 2027-2029, with plans for cost savings and an expansion in its margin.
Despite the challenges, the company's stock rose in response to its positive outlook.
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Pernod Ricard espera ventas mejoradas en 2026 a pesar de las actuales luchas en los mercados de Estados Unidos y China.