1346 GMT - Spirits maker Remy Cointreau could turn to positive sales growth in the third quarter of fiscal 2026, though downside risks to earnings remain, analysts at J.P. Morgan write. Signs of easing government restrictions on alcohol in some parts of China could support sales in the country, while cognac sales would benefit from a return to duty-free and increased online sales. The risk of a rebound in the second half of 2026 not materializing persists, the analysts say, with the cognac market prone to sharp contractions while the group's U.S. products are out of step with market demand. Remy Cointreau shares climb 6.9%. (josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
January 08, 2026 08:47 ET (13:47 GMT)
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