- Irish Distillers reported a 4pc global net sales decline for the 2026 financial year
- Jameson saw 9pc net sales growth across markets outside the United States
- India remains the second largest market for Jameson with continued acceleration
- Pernod Ricard reported a 3.9pc drop in annual organic sales
- Pernod does not see the US returning to growth until after 2029
Irish Distillers has reported a global net sales decline of 4pc across its portfolio for its 2026 financial year to the end of June, in line with its parent Pernod Ricard’s group performance. Jameson saw net sales growth of 9pc across markets outside the United States, which the company said demonstrated the brand’s continued ability to drive growth in mature and emerging markets, while the US spirits market continued to face soft market conditions.
India, the second largest market for Jameson, continued to accelerate during the 12 months to the end of June. Double-digit growth was recorded in multiple mature markets including Global Travel Retail, Germany and Poland, and emerging markets including Mexico, China and Nigeria. Global net sales of Jameson Black Barrel increased on the last financial year, while sales of Jameson Triple Triple Chestnut Edition recorded double-digit global net sales growth, driven by expansion into new markets.
Pernod Ricard reported steep sales declines in the United States and China and said it was aiming for only the lower end of its sales target range until 2029. The French wine and spirits group reported a 3.9pc drop in annual organic sales, its third consecutive decline. Pernod predicted organic net sales to be broadly stable, with the US and Chinese markets still challenged in the first quarter. CEO Alexandre Ricard said the company does not see the US returning to growth until after 2029.
Irish Distillers shared in a written statement Jameson demonstrated the brand’s continued ability to drive growth in mature and emerging markets while the US spirits market continued to face soft market conditions. Pernod Ricard CEO Alexandre Ricard shared the company does not see the US returning to growth until after 2029.
