Remy’s Q3 a “Blowout Quarter”

Dear Client:  Remy Cointreau continued to show improvement in Q3, with a "significant sales rebound" of 25.1% globally for the quarter, according to cfo Luca Marotta. Overall, sales for the first nine months of the fiscal year were down 1.6%, a major improvement from -16.4% in H1. Q3 2021 was the second best performance in the last 10 years for the company. Indeed, Bernstein analyst Trevor Stirling even called Remy's Q3 a "blowout quarter." Growth for the quarter was largely driven