Pernod Ricard SA
RI: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Qk# | LOCK|@p | LOCK|H$$qS> |
Pernod Ricard: Improving Sales in Third Quarter Clouded by Conflict Uncertainty; Fair Value Cut
Pernod Ricard’s fiscal third-quarter trading update included an organic net sales decline of 0.1%, ahead of company-compiled consensus. The US and China markets declined 12% and 7%, respectively. Shares were down slightly in April 16 intraday trading.
