EconomyPernod Ricard annual sales fall amid weak China, U.S.; Iran war also weighs
French spirits group Pernod Ricard reported a worse-than-expected 3.9% organic sales decline for fiscal 2026. Persistently weak consumer demand in the United States and China, along with tourism disruption caused by the Middle East conflict in the fourth quarter, weighed on results.
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Reuters★★☆☆☆2026-08-27 05:40Original
Pernod Ricard annual sales fall amid weak China, U.S.; Iran war also weighs
Economy