A worsening context in China and the economic and geopolitical uncertainties that are hampering the spirits market mean Pernod Ricard no longer expects sales to return to growth in the year to June.

Pernod Ricard SA cut its sales outlook on a slump in Cognac demand in China, a move seen by investors as a “realistic” step ...

French drinks company Pernod Ricard cut its 2025 and longer-term outlook on Thursday, citing challenging market conditions in China, particularly for its Martell cognac brand. The company said it now ...

Greenleaf Trust lessened its holdings in shares of Diageo plc (NYSE:DEO – Free Report) by 66.4% in the fourth quarter, ...

PARIS (Reuters) -French drinks company Pernod Ricard cut its 2025 and longer-term outlook on Thursday and brought forward ...

Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining.

Shares of Diageo plc (LON:DGE – Get Free Report) have been given a consensus rating of “Hold” by the seven research firms that are presently covering the firm, Marketbeat.com reports. One analyst has ...

Global makers of alcoholic drinks like Diageo are caught in the cross-fire of a major trade war as threatened tariffs -- ...

U.S. tariffs could drive steep price hikes on imported booze like Canadian whisky at a time when financially stretched ...

In premarket action, Constellation Brands ( STZ) fell 6.2%, Diageo ( NYSE: DEO) shed 3.5%, and Brown-Forman Corporation ( ...

Diageo has faced additional challenges, namely the profit warning and its aftermath. One significant investor, Fundsmith, ...

Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next ...