Reuters · October 15, 2026
Pernod Ricard Reports First-Quarter Sales of 2.234 Billion Euros, an Organic Decline of 0.9%
- Pernod Ricard reported first-quarter sales of 2.234 billion euros ($2.51 billion) on Thursday, an organic decline of 0.9%, against estimates of a 1.7% decline in a company-compiled poll of analysts, according to the report.
- Sales fell 10% in the United States and 25% in China and rose in India in the first quarter, according to the report.
- Pernod reiterated a forecast for broadly stable net sales in the current fiscal year, which started on July 1, and said a decision to proceed with a potential IPO in India remains subject to board approval, according to the report.
Sales figures and forecasts as reported by the company. Original headline: "Pernod Ricard first quarter sales fall less-than-expected, cautious optimism on China".
Removed: Characterization of the spirits industry's downturn and of demand trends beyond the figures and statements reported.
