Pernod Ricard U.S. Sales Up 3% in Fiscal 3d Quarter

That trails the pace for both the Americas overall and Pernod Ricard’s global business which rose 9.3% on an organic basis.

The strongest growth was in Asia-Rest of World, where China and India, Travel Retail and Africa Middle East combined to produce 10% growth.  One reason:  The Chinese New Year and Easter.  Europe saw a modest decline of 1%.

Pernod noted that the market is decelerating in the U.S., and growth is now estimated at 3% to 4%.  Despite that, the U.S. saw strong momentum for Jameson, Martell and tequilas Avion and Altos.  Still declining:  Absolut.

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