Diageo: Why I Expect A Rebound For This SWAN Stock
Diageo's share price has dropped during the last two years, making it cheaper than some of its most important peers. At the same time, the company is still steadily growing its revenue, earnings an...
Bear of the Day: Diageo (DEO)
Earnings are slumping down as sales struggle to keep up with the boom times of COVID.
Diageo looking to offload beer brands, but not Guinness
Diageo PLC (LSE:DGE) is looking for buyers for its beer brands, apart from Guinness, after falling to a three-year low on the back of a profit warning last month. The lower profits from beer are di...
Diageo on the pre-Christmas 'sell' list - here's why
UBS has reignited its coverage of Diageo PLC (LSE:DGE), the marker of Smirnoff Vodka and Baileys, with a 'sell' recommendation, painting a picture of uncertainty and potential challenges for shares...
Diageo still on the downgrade list for two top brokers
Diageo is still getting downgrades following its warning last month with both RBC and Deutsche Bank suggesting there is more disappointment to come from the beer and spirits group. With its 5-7% re...
Diageo hangover to continue for time say City banks
Spirits group Diago might have more bad news to come for investors, according to two top City brokers. Shares in the Johnnie Walker, Guinness and Smirnoff group tanked 15% on Friday as it warned of...
3 Thanksgiving Stocks You'll Be Grateful You Bought
It's time to start thinking about Thanksgiving stocks. Thanksgiving is both one of the country's most celebrated holidays and also an important economic moment.
Why Diageo Stock Dropped on Friday
The alcoholic beverage company said consumers in one region are trading down to cheaper brands. The news came ahead of an investor event next week.
Diageo Shares Plunge As Maker of Guinness, Johnny Walker Issues Warning on Profit
American Depositary Receipts (ADRs) of Diageo Plc (DEO) plunged after the world's largest spirits maker warned its profit and revenue will be hurt by falling demand in Latin America and the Caribbean.
Diageo (DGE) stock plummets following trading statement
Diageo PLC (LON: DGE), a prominent British multinational alcoholic beverage company, witnessed a sharp decline in its stock price today, dropping by 15.04% or 483.50 points. As of 13:14:49 UTC, the...
Diageo's Share Price Topples 13% As It Cuts Sales And Profit Guidance
FTSE 100 drinks giant Diageo tumbled as trouble in its Latin America and Caribbean market forced it to reduce forecasts.
Diageo warns of slower growth as Caribbean sales lack punch
Diageo PLC (LSE:DGE) has warned of slower growth in the second of the year after a “materially” weaker performance in Latin America and Caribbean sales. The spirits manufacturer said organic sales ...
Diageo Targets Robust Market Share And Market Growth In Spirits
Diageo plans to grow its market share from 4.7% to 6% by 2030 through a strategy of premiumization. The global alcoholic beverage market is expected to grow at a CAGR of 10.3% to 2028. Diageo's foc...
Reckitt and Diageo favoured by JP Morgan as investors seek 'safety' in consumer staples
Investors are turning defensive in the consumer stocks sector, according to JP Morgan with evidence from the latest quarterly earnings season suggesting specific equity stories are now in vogue. Gr...
Top 3 Stocks to Buy in a Recession: November Edition
The stock market has entered a correction. The S&P 500 has slipped 10% from its prior highs, falling back to levels last seen in May.
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