Pernod Ricard’s third-quarter sales miss forecasts By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 17 2025
0mins
Source: Investing.com
Sales Decline: Pernod Ricard reported a 3% decline in third-quarter sales, missing forecasts due to tariff uncertainties, customs issues, and production interruptions, particularly affecting its travel retail division and cognac sales in China.
Market Outlook: Despite a slight increase in U.S. sales, the company maintains a cautious outlook for the year, citing ongoing challenges from tariffs and geopolitical factors that have led to a revised growth forecast for the coming years.
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.
