Pernod Ricard Targets RTDs and Small Formats in US Growth Strategy
Pernod Ricard reported FY26 net sales of €9,404m, with organic decline of 3.9%, citing weak demand in the US and China and disruption from the Middle East conflict. Jameson and Kahlúa outperformed, while Skrewball and Malibu improved. RTDs rose 12% and small formats helped, but China sales fell 19% as macro, sentiment and regulations weighed on premium categories. The company’s US focus includes consumer recruitment, activation, RGM and RTD and small formats.