The weaker than expected performance in China and the worsening situation in the US capsized the Cointreau ship.
While a profit warning had been expected, its magnitude caught everyone off guard
The historical premium for Remy is now out of the picture and this might be an attractive entry point for the stock

27 Oct 2023
Uncle Sam spills the bottle

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Uncle Sam spills the bottle
- Published:
27 Oct 2023 -
Author:
Davide Amorim -
Pages:
3 -
The weaker than expected performance in China and the worsening situation in the US capsized the Cointreau ship.
While a profit warning had been expected, its magnitude caught everyone off guard
The historical premium for Remy is now out of the picture and this might be an attractive entry point for the stock