From Yahoo Finance: 2025-06-04 01:34:00

Remy Cointreau drops 2030 sales targets due to tariffs and slow U.S. sales, but stock rises 6%. Outgoing CEO says worst is over, sets new CEO Franck Marilly to establish new goals. Peers Diageo and Pernod Ricard also retract sales targets due to overall liquor industry slowdown. Tariffs from China and U.S. set to hit operating profit by 65 million euros. Reduce headcount by 9% and eau de vie purchases by up to 45%. Sales to grow mid-single digits this year despite challenges.



Read more at Yahoo Finance: Remy Cointreau scraps 2030 goals amid tariffs, slow US