Pernod Ricard (RI) News Today

Pernod Ricard SA (RI) — Shares are down today after the group's Q1 trading update showed weaker demand in China and the U.S., missed analyst estimates and a sharp hit to travel-retail sales that investors view as a near-term earnings risk.

• Positive Sentiment: Jameson remains a bright spot, with strong sales helping offset some regional weakness; this supports brand resilience and margin potential. Jameson sales a bright spot for tariff-hit Pernod Ricard
• Positive Sentiment: New product/pack innovation in the U.K. (larger 330ml Jameson RTD can) could boost on‑trade and convenience channel volumes. Pernod Ricard UK Launches Larger 330ml Jameson RTD Can
• Positive Sentiment: Marketing/brand activations (Maison Perrier-Jouët airport ‘House of Wonder’) aim to support premium positioning in travel retail when demand recovers. Pernod Ricard unveils Maison Perrier-Jouët ‘House of Wonder’ airport activations
• Neutral Sentiment: Management says the slow start was expected and is tempering guidance while emphasizing brand investments and cost control — a cautious tone that limits panic but keeps upside constrained. Pernod Ricard: Slow Start to the Year as Expected
• Negative Sentiment: Pernod missed estimates as demand in China slumped, a key earnings driver for Cognac and other premium spirits; this headline miss is the main catalyst for the share decline. Pernod Ricard Misses Estimates on Slump in China Demand
• Negative Sentiment: Q1 organic net sales fell about 7.6% (reported -14.3%) with U.S., China and India driving the weak start — signaling near-term revenue and margin pressure. Pernod Ricard sales fall 7.6% in Q1 as U.S., China, India drive weak start
• Negative Sentiment: Global travel-retail sales plunged ~15% in Q1 and Cognac shipments to China were suspended, hitting a high-margin channel and increasing short-term volatility. Pernod Ricard travel retail sales slide -15% in Q1 amid challenging market environment