Pernod Ricard Q1 Revenue Falls 6.3% as U.S. Sales Drop 10%

John Kim

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Pernod Ricard Q1 Revenue Falls 6.3% as U.S. Sales Drop 10%

China sales also fell 25%, while quarterly volume rose 6%.

By John Kim

Published Oct 15, 2026, 2:55 AM EDT

Unmarked spirits bottles move along a warehouse bottling line / TokenPost.ai

Inventory adjustments affected sales in both the United States and China, as expected. Pernod Ricard's first-quarter revenue fell 6.3% year over year, while sales declined 10% in the U.S. and 25% in China.

Quarterly volume rose 6%, returning to growth.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.