Pernod Ricard Q3 sales slip 3% as China, Travel Retail weigh on results By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 17 2025
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Source: Investing.com
Sales Performance: Pernod Ricard reported a 3% decline in third-quarter organic sales due to tariff uncertainties, supply disruptions, and weaker performance in key markets like China and Global Travel Retail, while reaffirming its full-year guidance with net sales of €2.28 billion for the quarter.
Regional Insights: The Americas saw a 3% growth in Q3, driven by U.S. purchases ahead of potential tariffs, while Europe and Asia experienced declines; the company continues to monitor tariff developments and expects to maintain operating margins through cost discipline.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
