PDRDF News and Press, Pernod Ricard S.A. From 08/04/22

Gardner Russo & Quinn’s 13F portfolio value decreased from $10.39B to $8.94B. Russo added Netflix and increased Ashtead Group plc during the quarter. The top three 13F stakes are Berkshire Hathaway, Nestle, and Mastercard. They add up to ~39% of the portfolio. ...

Morgan Stanley is cautious on the European consumer staples sector and warns that the Q2 share price strength is unlikely to last forever with investors already bidding up the defensive names. The firm thinks the sector's high relative valuations do not price in the risk of weaker consumer de...

Diageo stock has now fallen by 23.0% in USD from its peak in early January, and trades at a 26.9x P/E and 2.1% Dividend Yield. Structural growth in global spirits is continuing. Diageo now targets a sales CAGR of 5-7% and an EBIT CAGR of 6-9% in FY23-25. Sales were 21% higher orga...

Pernod Ricard's diversified brand portfolio positions it for secular growth through the cycles. In the near term, Pernod's pricing power allows it to defend margins in the face of inflationary pressures. The stock should re-rate closer toward its closest peer Diageo as it delivers...

Deutsche Bank reiterated a Buy rating on Pernod Ricard SA (OTCPK:PDRDF) after taking in the company's Capital Market Day event. The firm said Pernod Ricard showed off an attractive growth algorithm. Analyst Mitch Collett: "Pernod's 2022 Capital Markets Day indicated that the company feels com...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron International Growth Fund (the “Fund”) declined 14.64% (Institutional Shares) during the first quarte...

Gardner Russo & Quinn's 13F portfolio value decreased from $11.21B to $10.39B. Russo increased Ashtead Group plc during the quarter. The top three 13F stakes are Berkshire Hathaway, Nestle, and Mastercard. They add up to ~41% of the portfolio. For further details see: ...

Earnings growth continues to improve during the quarter and now sits at 35.4% (14.9% when excluding Energy). Since April 1st, earnings growth improved by 14.6 percentage points (ppts). At a sector level, Energy has seen the largest improvement in earnings growth over the same period (...

We are upgrading Pernod Ricard to Buy after shares fell 13.5% from their peak, back to the level at our downgrade in June 2021. Pernod Ricard is a top global Spirits company and is benefiting from structural trends, including premiumization and rising affluence. Pernod Ricard targ...