Browsing Tag
Smirnoff
5 posts
Diageo’s $4.93bn sales recovery masks continued weakness in North America
Diageo has returned to modest organic sales growth in the first quarter of fiscal 2027, helped by stronger performance outside North America. Yet underlying volumes remain weak, and restructuring costs are expected to reduce free cash flow substantially.
Why Diageo’s new CEO is preparing job cuts as North America sales weaken
Dave Lewis is preparing to reduce jobs and management costs at Diageo as the drinks group confronts weak United States spirits demand, high debt and pressure to rebuild growth.
Diageo (LSE: DGE) gains 1.5% as insider buying and Q3 recovery momentum extend the turnaround narrative
Diageo's 0.3% Q3 growth was minimal. But it was the first positive print in a year, and the August strategy update is where the real test begins.
Diageo North America to invest $415m in new Alabama manufacturing facility
Diageo North America, a global leader in the premium beverage industry, has announced a $415 million investment in…
Drinks giant Diageo to invest $80m in new plant in Plainfield, Illinois
Diageo plant Plainfield IL : Diageo said that it will invest nearly $80 million in a new facility…