1040 GMT - Remy Cointreau's new chief executive is signaling for a significant strategic shift to reprioritize top-line growth, which could come at the expense of gross margins, UBS analysts Sanjeet Aujla and Ella Hong say in a research note. On the one hand, the French distiller is making bold changes. However, the pivot might require upfront sales and distribution investment before any return on investment happens, the analysts say. That implies fiscal 2027 is unlikely to be a margin-improvement year, they add. While shares are already down 32% year to date and down 26% in the past three months, the stock could slip even further, the analysts say. UBS lowers its recommendation to sell from neutral and cuts the price target to 33.00 euros from 53.00 euros. Shares trade 1.7% lower at 37.08 euros. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

December 04, 2025 05:40 ET (10:40 GMT)

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