Pernod Ricard SA Price & Performance (PRNDY)

Pernod Ricard's third-quarter sales fell by 3%, missing analyst forecasts, as ongoing trade tensions and a bottling plant disruption in India impacted results. The spirits maker cited the suspension of Chinese duty-free cognac sales and macroeconomic pressures as key headwinds, though it maintained its annual sales guidance despite the challenging environment.123

Despite a 4% year-to-date decline in organic net sales, Pernod Ricard reaffirmed its full-year outlook, expecting a low single-digit drop. The company will maintain its interim dividend of €2.35 per share in July, emphasizing operational efficiency and cash generation amid volatile global conditions and tariff risks.243

Pernod Ricard’s share price closed at €92.24, down 0.7% on Thursday, reflecting investor caution after recent sales declines and ongoing trade concerns. While the stock remains above its 52-week low, analysts recommend holding rather than buying, awaiting further clarity on global demand and tariff impacts.567