Crisis Hampers Pernod’s Sales Growth, Still Manages 3% Growth YTD in US

Dear Client: Pernod Ricard had a solid start to its third quarter ended March 31, but the pandemic interfered and will continue to negatively impact the company's results into Q4. For the first nine months of fiscal 2020, Pernod reported a global organic sales decline of 2.1%, with sales down 14.5% in Q3. In the US, sales were up 3% for the nine months, driven by Jameson, The Glenlivet, Malibu and specialty brands, according to managing director-finance, IT and operations Helene de Tissot. On-premise