Earnings call transcript: Campari Group confirms growth streak in Q3 2026

Campari Group reported its Q3 2026 earnings, confirming a six-quarter streak of organic revenue growth. The company's sales increased by 3.4% in Q3 and 2.9% over the first nine months of 2026. Management reiterated full-year guidance for about 3% organic revenue growth, with EBIT margin outlook remaining unchanged. Growth drivers included Aperitif and tequila, with new formats and geographic expansion contributing to broader brand reach.

North America experienced weaker performance compared to Europe and developing markets, with a marginal full-year decline expected in the U.S. The company's stock closed at $6.562, down 0.67% from the previous close, near its 52-week range. Additional tariff benefits are expected for the full year, with a forecasted FX impact of single-digit negative on sales and double-digit negative on EBIT.