百富勃（Ricard SA）上季度销售额下降幅度低于预期，因印度市场增长抵消了美国和中国的持续疲软。
Ricard SA’s sales fell less than expected last quarter as growth in India cushioned persistent weakness in the US and China.
该公司在周四发表声明称，有机净销售额较去年同期下降0.9%，低于分析师预估的1.24%跌幅。百富勃维持其中期预测不变。
Organic net sales dropped 0.9% from a year earlier, the maker of Absolut vodka and Jameson whiskey said in a statement Thursday, less than the 1.24% decline estimated by analysts. Pernod stuck with its mid-term forecast.
由于消费者适度饮酒以及生活成本压力促使购物者转向更便宜的品牌，烈酒制造商在部分最大市场面临困境。印度市场成为百富勃的亮点，销售额较去年同期增长19%，尽管美国和中国的低迷态势仍在持续。
Spirits makers are struggling in some of their biggest markets as consumers moderate their drinking and as cost-of-living pressures push shoppers to cheaper brands. Sales in India were a bright spot for Pernod, jumping 19% from a year earlier, even as a slump in the US and China continued.
中东战争以及与美国总统唐纳德·特朗普关税政策相关的更高成本扰动了行业，而中国需求则因政府打击官员赠送礼物而受抑制，此举曾提振高端烈酒销售。
The war in the Middle East and higher costs associated with US President Donald Trump’s tariff policies have disrupted the industry, while demand in China has been depressed after the government cracked down on gift-giving by officials, which previously buoyed sales of premium spirits.
百富勃曾表示，由于美国的去库存影响，预计年初将出现疲软开局，美国的零售商、批发商和经销商正在降低库存水平。
Pernod Ricard had said it expected a weak start to the year due to the impact of destocking in the US, where retailers, wholesalers and distributors reduce their inventory levels.
公司坚持其预测，即在中期内实现有机净销售额3%至6%增长目标区间的下限。它预计今年销售将大体保持稳定。
The company stuck with its forecast to reach the low end of its targeted range of 3% to 6% growth in organic net sales in the medium term. It expects sales to be roughly stable this year.
百富勃曾考虑通过并购来应对挑战。4月，法国公司及杰克丹尼尔所有者布朗-福曼公司（Brown-Forman Corp.）终止了合并谈判，因双方未能达成互可接受的条款。
Pernod has considered consolidation to help address its challenges. In April, the French company and Jack Daniel’s owner Brown-Forman Corp. ended merger talks after they were unable to reach mutually acceptable terms.