Warren Buffett's Berkshire Hathaway on Friday disclosed a new investment in alcoholic beverages producer Constellation Brands ...
Berkshire also disclosed it has stopped selling shares of Apple, which remained its largest common stock investment at $75.1 billion.
In recent years, investors have increasingly shifted away from UK equities, favoring global stocks, particularly high-growth ...
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Consumption of non-alcoholic beverages rises by 56% and surpasses traditional spiritsDiageo, a giant in the beverage sector, revealed in a press conference this week a mixed balance of profits and sales across ...
Pernod Ricard is also focusing on premiumization, which we think will be a long-term tailwind to both revenue and margins. This involved shedding noncore assets such as strategic wines, while ...
In addition to scotch distilleries and whiskies like Lagavulin, Talisker, Dalwhinnie, and Oban, Diageo owns major tequila brands Casamigos and Don Julio, flavored rum brand Captain Morgan, Canadian ...
Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining.
The key motivation for Diageo's acquisition strategy is to broaden the product portfolio, which is critical in the on-trade channel (bars, restaurants, pubs). Volume in the spirits industry is more ...
Q2 2025 Earnings Conference Call February 4, 2025 2:15 AM ETCompany ParticipantsDebra Crew - Chief Executive OfficerNik Jhangiani ...
Diageo reports a return to growth in its fiscal 25 first half year results this morning, despite a challenging environment ...
The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward ...
Shares of Diageo plc (LON:DGE – Get Free Report) have been given a consensus rating of “Hold” by the seven research firms that are presently covering the firm, Marketbeat.com reports. One analyst has ...
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