Remy Cointreau Pulls Sales Targets Over Tariff Challenges

Remy Cointreau SA withdrew its long-term sales guidance, blaming tariff policies in America and China and a slow recovery in the US market.

The Remy Martin Cognac maker, which last month appointed a new chief executive officer, scrapped its targets for the 2029-30 financial year. For this year, it forecast organic sales growth returning to a mid-single-digit rate, though the outcome will depend on tariffs.