Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining.
Called Diageo Montgomery, the development of the site is currently underway and is expected to become fully operational in the latter half of 2025. Credit: Diageo North America. Diageo plans to invest ...
Diageo faces challenges post-COVID, including over-inventory, tough comparables, and emerging narratives like GLP-1 drugs, Gen Z's drinking habits, and economic struggles in key markets. Despite ...
International spirits giant Diageo has announced it will close its bottling operation at the Stitzel-Weller Distillery in Louisville in April. Spirits that were previously bottled at Stitzel ...
Hina Nagarajan, current Managing Director and CEO of Diageo India, will transition into ... working with my new colleagues to build on their great work.” ...
LONDON, Jan 29 (Reuters) - Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next week, which some investors say may no longer ...
Diageo is to sell its stake in the publicly listed Guinness Ghana Breweries to French drinks group Castel for $81m. Guinness Ghana Breweries, in which Diageo has held an 80.4% shareholding, will ...
Younger consumers are looking to drink in moderation and are increasingly willing to spend more money on unique experiences and products, according to a new report based on research from spirits giant ...
Diageo has responded to rumours that it is looking to sell its Guinness brand, stating that “no intention to sell”. Bloomberg reported on Friday that the drinks manufacturer was considering a sale of ...
LONDON, Jan 28 (Reuters) - Spirits giant Diageo (DGE.L), opens new tab has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on Tuesday, continuing ...
Diageo, which also makes Gordon’s gin and Baileys, said it is talking to the US Government over upcoming tariff policies.
In this article, we are going to take a look at where Diageo plc (NYSE:DEO) stands against the other liquor stocks. Short selling is a strategy where traders profit from the decline in the price ...