Pernod Ricard is trading 4.59% down at €64.50 after reporting a 3.9% organic sales decline for fiscal 2026, below the 3.7% analyst expectation.
- Reuters reported steep declines in the United States and China.
- Pernod Ricard expects only the lower end of its long-term sales target through 2029.
- Middle East conflict disrupted tourism and pressured results.