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Absolut Vodka Maker Pernod Ricard Expects Challenges in U.S., China to Persist

Summary by Wall Street Journal
French distiller Pernod Ricard said it anticipates a soft first quarter, marked by further reducing inventories in the U.S. and a challenging macroeconomic environment in China.

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Absolut Vodka Maker Pernod Ricard Expects Challenges in U.S., China to Persist

French distiller Pernod Ricard said it anticipates a soft first quarter, marked by further reducing inventories in the U.S. and a challenging macroeconomic environment in China.

·New York, United States
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Business AMBusiness AM

Pernod Ricard predicts growth despite ongoing challenges in US and Chinese markets

Key takeaways • Pernod Ricard predicts revenue growth will return next year despite ongoing challenges in the US and Chinese markets.• The company reported a 1 percent decline in annual revenue, broadly in line with forecasts and expectations, and expects a softer first quarter of 2025.• Despite challenges in […]

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Grocery Gazette - Latest Grocery Industry NewsGrocery Gazette - Latest Grocery Industry News

Absolut Vodka maker Pernod Ricard predicts return to growth in 2025

Pernod Ricard has predicted that it will return to sales growth in 2025 despite continued challenges in the US and Chinese markets. The Absolut Vodka maker reported a 9% decline…

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Wall Street Journal broke the news in New York, United States on Thursday, August 29, 2024.
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