Dear Client: Pernod Ricard reported 3% sales growth in the Americas for the first nine months of fiscal 2019. In the US, the company is growing in line with the overall market, but shipments in the US were impacted by the company's wholesaler inventory optimization initiative, which kicked off in Q3. MORE COLOR ON MALFY ACQUISITION. Yesterday, Pernod announced the acquisition of Malfy gin from Biggar & Leith for an undisclosed sum [see WSD 04-17-2019]. On this morning's earnings call,
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