Pernod Ricard, FR0000120693

Pernod Ricard reports Q1 sales decline. Pernod Ricard stock gains 1.21 percent

Published on 10/16/2026 at 09:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 FY27 sales fell 0.90 percent organically on October 15, 2026. Pernod Ricard stock costs EUR 67.49 versus EUR 66.68 at the Xetra close.

Quarterly pressure and valuation

First-quarter FY27 sales totaled EUR 2,234 million on October 15, 2026.
Deutsche Bank lifted its price target from EUR 61.00 to EUR 63.00 on October 1, 2026.
Pernod Ricard stock trades at EUR 67.49 at 9:33 a.m. CEST at Lang & Schwarz on October 16, 2026, 1.21 percent above the Xetra close of October 15, 2026.

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Pernod Ricard (ISIN FR0000120693) reported Q1 FY27 net sales of EUR 2,234 million on October 15, 2026, down 0.90 percent organically and 6.30 percent on a reported basis. The company said the quarter showed sequential improvement despite pressure in the United States and China, according to Pernod Ricard. Its stock was trading at EUR 67.49 at Lang & Schwarz at 9:33 a.m. CEST on October 16, 2026, 1.21 percent above the Xetra close of October 15, 2026, at EUR 66.68.

Sales pressure meets regional growth

The headline decline was concentrated in major markets. Sales fell 10.00 percent in the United States and 25.00 percent in China, while India grew 19.00 percent and Asia-Rest of the World increased 9.00 percent in Q1 FY27, the company said in its October 15 release.

Volumes returned to growth at 6.00 percent, but the mix remains uneven. Reuters reported that the 0.90 percent organic decline was smaller than the 1.70 percent decline expected in a company poll, while management retained a broadly stable organic sales outlook for fiscal 2027.

What does the target imply?

Analyst expectations remain divided. Börse Express reported on October 1, 2026, that Deutsche Bank raised its target from EUR 61.00 to EUR 63.00 and kept a Hold rating. The target was below the Lang & Schwarz price on October 16, 2026, leaving the latest trading level above that analyst reference.

Three reporting milestones

On February 19, 2026, Pernod Ricard reported first-half FY26 results, including group net profit of EUR 1.39 billion, according to Eulerpool. On August 27, 2026, FY26 sales totaled EUR 9,404 million, according to Ideal Investisseur. On October 15, 2026, Q1 FY27 sales totaled EUR 2,234 million.

Dates for the next results

Pernod Ricard's next two listed dates are the Annual General Meeting on November 20, 2026, and H1 FY27 sales and results on February 18, 2027, according to the company's investor calendar.

Stock trades above the Xetra close

The combination of a smaller-than-expected organic decline and continuing weakness in China and the United States leaves regional execution central to the investment case. Pernod Ricard was trading at EUR 67.49 at Lang & Schwarz on October 16, 2026 at 9:33 a.m. CEST, 1.21 percent above the Xetra close of October 15, 2026 at EUR 66.68. The further course of trading is shown by the continuously updated real-time quote of Pernod Ricard stock.