Pernod Ricard Q1 2026/27 Financial Results

Pernod Ricard reported revenue of €2,234 million for the first quarter of fiscal year 2026/27, marking an organic decline of 0.9% and a reported decrease of 6.3% compared to the previous year. The sale of Imperial Blue and the Wines division, as well as currency fluctuations, impacted the figures.

In the United States, sales fell by 10% and in China by 25%, due to inventory adjustments. However, sales to distributors in China are showing signs of recovery. Outside of these two markets, the Rest of the World saw a 4% increase.

In terms of products, Local Strategic Brands grew by 6%, while Specialty Brands declined by 5%. The global economic environment remains volatile, but Pernod Ricard continues to adapt and is seeing growth in key markets such as India.