Remy Cointreau Slashes Guidance After Sales Slump
Wall Street Journal
Remy Cointreau forecast a 15%-20% decline in organic sales for fiscal 2024, saying market conditions had deteriorated in the U.S., citing a fiercely promotional environment and high interest rates that cut distributors’ financing capacity.
https://www.wsj.com/articles/remy-cointreau-slashes-guidance-after-sales-slump-8c950d7c