Remy Cointreau Falls as Spirits Division Sales Miss Views

Remy Cointreau SA reported second-quarter sales that rose more than expected, but its liqueurs and spirits division missed analyst estimates, dragging shares lower. The Cognac maker's overall revenue beat on strong demand for its premium offerings, yet weaker performance in the spirits segment tempered investor enthusiasm. The company maintained its full-year outlook, citing resilient luxury demand in key markets.