Remy Cointreau Pours A Stiff One

Remy Cointreau (REMYF) reported growth in sales of approximately 1.3% organic and 4.8% from their own brands. (Remy's wording) In particular the Champagne Department has done exceedingly well. The press release glossed over the overall decline in partner sales, which they attributed to discontinued distribution contracts. Absolutely no explanation as to what may be expected from this segment in the future and if there are more contracts that will be discontinued.