白酒行业2025年一季度承压，头部企业增速放缓

iDoNews2025-05-09

2025年一季度，白酒行业表现不佳。贵州茅台合同负债减少8亿，营收和利润增速放缓；五粮液营收增长6.05%，净利润增长5.80%，增速下滑；山西汾酒、泸州老窖等企业虽保持盈利，但增速进一步下降。二三线品牌如洋河股份、舍得酒业等业绩显著下滑。飞天茅台价格下探至2100元，影响次高端白酒价格体系，行业普遍采取“控量保价”策略以稳定市场。整体来看，白酒企业面临需求减弱与市场竞争加剧的双重压力，今年目标以...

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