#Latest news with #PernodRicardRIWall Street Journal06-02-2025BusinessWall Street JournalPernod Ricard Lowers Guidance on Economic, Geopolitical UncertaintiesFrench liquor group Pernod Ricard RI -3.63%decrease; red down pointing triangle lowered its expectations for its fiscal year, citing economic and geopolitical uncertainties that continue to hit the spirits industry. The maker of Absolut Vodka anticipates a low single-digit decline in organic net sales for the year ending June and its aiming to sustain its organic operating margin. It had previously forecast a return to sales growth for fiscal 2025.
Wall Street Journal06-02-2025BusinessWall Street JournalPernod Ricard Lowers Guidance on Economic, Geopolitical UncertaintiesFrench liquor group Pernod Ricard RI -3.63%decrease; red down pointing triangle lowered its expectations for its fiscal year, citing economic and geopolitical uncertainties that continue to hit the spirits industry. The maker of Absolut Vodka anticipates a low single-digit decline in organic net sales for the year ending June and its aiming to sustain its organic operating margin. It had previously forecast a return to sales growth for fiscal 2025.
06-02-2025
