Campari's first quarter organic sales up 2.9%, below market expectations

Davide Campari Milano NV

06/05/2026 17:12

MILAN, May 6 (Reuters) - Italian spirits group Campari CPRI.MI said on Wednesday its organic revenues were up 2.9% in the first quarter, missing forecasts, and reported similar growth rates in its main markets of North America and Europe.

Revenues totalled 643 million euros ($755.65 million), below an analysts consensus compiled by Visible Alpha of 651 million euros.

Campari confirmed its 2026 guidance and said it expected an underlying growth of around 3% to continue through the year.

"Despite the challenging operating backdrop, we gained market share in nearly all our key markets globally, especially on our priority brands", CEO Simon Hunt said in a statement.

Sales of aperitifs rose 2% in the first quarter on an organic basis, while the whiskey and rum category declined 5%.

($1 = 0.8509 euros)

 (Reporting by Elisa Anzolin, editing by Alvise Armellini)

 ((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))