Remy in for a Tough H1 Due to US Headwinds

Dear Client:     At the end of April, Remy Cointreau reported its fiscal year results, with net sales up around 10% globally, and sales down mid-single digits in the US [see WSD 04-28-2023]. Looking ahead to the next fiscal year, the company expects to have a tough first half, mainly due to headwinds in the US.  During an earnings call yesterday, Remy Cointreau brass provided more color on their fiscal year performance and what to expect in the next fiscal