(Bloomberg) -- Diageo Plc is reviewing its portfolio, including Guinness beer and a Champagne and Cognac partnership with LVMH, as Chief Executive Officer Debra Crew seeks to revive growth at the UK ...
Diageo (DEO), the global spirits giant behind brands like Johnnie Walker, Guinness, and Tanqueray, has been struggling to keep up with the market. Compounding the challenges, Diageo's stagnant sales ...
Diageo's business model has not held up, leading to a 35% slow-motion crash in stock since April 2023. The company's heavy diversification in spirits and hard drinks brands across various geographies ...
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 these ...
Diageo posted a decline in sales and profits for its fiscal year. Consumer demand has been weak. The company expects those trends to continue into 2025. Shares of the liquor company pulled back on a ...
At a press conference this week, drinks giant Diageo revealed a mixed bag of results concerning profits and sales in its wide portfolio of scotch whisky and tequila. But one bright spot, according to ...
Diageo plc (NYSE:DEO) shares are trading lower on Monday after the company reported a third-quarter fiscal 2025 trading update that showed steady growth in organic net sales and progress on its ...
Diageo is the British company that owns major brands like Guinness and Casamigos, American whiskeys like Bulleit and Dickel, and many of the most popular scotch whisky distilleries including Talisker, ...