Pernod Ricard shares fall 2% after a 21% rebound over one month
The spirits group is in negative territory, in a Paris market hard hit by the global correction in technology stocks. The decline follows a sharp monthly rebound that had moved it away from its recent lows.
Pernod Ricard shares are down 2.01% at €70.22 intraday, while the CAC 40 loses 1.65% amid risk aversion following the heavy session on Wall Street.
The stock is still up 20.99% over one month and 7.53% over the week, so this decline only erodes part of the rally. It is trading above its three moving averages, including the 20-day moving average at €67.35 (a gap of 4.26%), and is approaching resistance at €71.66, the level of the previous day's close.
Remy Cointreau, another spirits stock, falls 1.43% this Friday after a one-month gain of 24.34%.
A group rebounding since first-quarter sales
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
On October 15, the group had published organic sales down 0.9% in the first quarter, held back by the United States (-10%) and China (-25%). The company described an contrasted and uncertain environment, while citing the return to growth in underlying sales in China ahead of the Mid-Autumn Festival and a 19% increase in India.
At the end of October, it also bought back €1.22 billion of bonds following a €1.5 billion hybrid issue. The RSI at 63 remains in neutral territory, far from an exhaustion of the upward move.
SectorConsommation discrétionnaire›Vins et spiritueux
Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext
✓ You're in! Check your spam folder.
An error occurred.
Context
Period
Period: T1 2027
Key reported figures
Revenue: 2 234 millions d'euros
Quarterly revenue: 2 234 millions d'euros
Revenue growth: -6,3 %
Guidance from the release
contrasted and uncertain environment
Risks mentioned
US market impacted by inventory adjustments and -10% sales decline
China sales contracted -25% due to challenging macroeconomic environment
Global environment remains volatile with ongoing conflicts in Europe and Middle East
Opportunities identified
Underlying depletions in China returned to growth ahead of Mid-Autumn Festival
Strong growth in Asia-Rest of World region with India at +19%
Operational Efficiency initiatives with €1bn savings planned from FY26 to FY28
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
