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Remy Slashes Annual Sales Forecast on Weak US Demand

Posted

October 27, 2023

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Remy Cointreau SA said it expects organic sales to fall by 15% to 20% this year, pushing shares to a three-year low with the French distiller citing weaker-than-expected US demand for its high-end spirits. Andy Hoffman reports on Bloomberg Television.

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Remy Slashes Annual Sales Forecast on Weak US Demand · Bloomberg Television · Sentinel