
Pernod Ricard’s first-quarter sales have been dragged down by the US and China due to inventory adjustments and the impact of macroeconomic challenges.
In a note to clients this morning, Bernstein's Trevor Stirling described the results as "grimmer than expected".
Pernod Ricard’s first-quarter sales have been dragged down by the US and China due to inventory adjustments and the impact of macroeconomic challenges.