Remy Cointreau rises following positive investor call
07/10/2026 10:07
BUZZ-Remy Cointreau rises following positive investor call ** Shares of French spirits maker Remy Cointreau RCOP.PA rise 3.7%
** During a positive open conference call, management points to improving underlying sell-out trends and continued market outperformance in the US
** The second quarter is expected to be another positive period for shipments, primarily supported by resilience in the Asia-Pacific region, brokerage Bernstein says
** Bernstein highlights that recent retail data backs up these "encouraging signs on underlying sell-out trends in the US"
** Notes this encouraging tone from the company comes ahead of its second-quarter results
** As of the previous session's close, shares were up 13.2% YTD
(Reporting by Hugo Lhomedet)