Diageo mulls sale of Pimm's
Pimm's, the classic English summer drink, has been put up for sale by its owner Diageo PLC (LSE:DGE), along with two other brands. The FTSE 100 drinks giant has hired bankers at Rothschild to explo...
Diageo CMO: Iconic Guinness ads inspire our future
Cristina Diezhandino, chief marketing officer of Diageo, the company behind brands including Guinness, discusses the stout's legacy and the changing advertising landscape.
Diageo (DEO) 1H24 Sales & Earnings Decline Y/Y, View Bleak
Diageo (DEO) 1H24 results decline on soft performances in North America and LAC. Soft sales, lower organic operating profit and higher finance charges hurt earnings.
Diageo CEO: Premiumization is the right strategy
Debra Crew, CEO of the British alcoholic beverage company, says the market is not seeing "linear progression."
Diageo Shares Fall 4% As Latin And Caribbean Weakness Dents Sales
Diageo's share price dropped again as the drinks manufacturer reported continued stress in its Latin America and Caribbean (LAC) territory in its half-year update.
Diageo sales and profit hit by Latin American & Caribbean drop
Diageo PLC (LSE:DGE) on Tuesday reported a drop in half-year revenue and operating profit reflecting a 23% decline in Latin America & Caribbean (LAC) sales. The owner of Guinness, Johnnie Walker an...
Sobering financial results from Diageo shows alcoholic earnings under pressure
United Kingdom corporation Diageo announced its 2024 interim results before markets opened on January 30th. Diageo (DGE on the FTSE stock exchange in London) is one of the world's premier brands in...
Diageo: A Stalwart, Finally "On Sale"
The author sold their position in Diageo in 2022 but now believes the stock is undervalued and recommends buying with a significant upside. Diageo has a strong portfolio of spirits and beer brands ...
Diageo in high spirits after LVMH, Remy Cointreau updates
Diageo PLC (LSE:DGE) on Friday led the FTSE 100 risers after investors took heart from results from LVMH and Remy Cointreau. LVMH's Wines & Spirits business delivered organic sales growth in the fo...
Here's What's in Store for Diageo (DEO) in 1H24 Earnings
Diageo's (DEO) first-half fiscal 2024 results are likely to reflect gains from a diversified footprint, advantaged portfolio, strong brands and favorable industry trends of premiumization.
Cramer's Stop Trading: Diageo
CNBC's Jim Cramer explains why he is keeping an eye on shares of Diageo plc.
Rapper P Diddy withdraws allegations against Diageo
Spirits giant Diageo said that it had settled its row with rapper Sean Combs, better known as P Diddy, over the marketing of his Ciroc Vodka and DeLeon Tequila. In a statement, Diageo said Combs ha...
Diageo Settles Disputes With Rapper Diddy
The liquor maker said Combs has withdrawn all of his allegations about Diageo and will voluntarily dismiss his lawsuits against the company with prejudice.
HEINY vs. DEO: Which Stock Is the Better Value Option?
Investors interested in Beverages - Alcohol stocks are likely familiar with Heineken NV (HEINY) and Diageo (DEO). But which of these two companies is the best option for those looking for undervalu...
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