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DIAGEO SALES FORECAST
UK's FTSE 100 slips as losses in energy stocks and AstraZeneca weighLondon’s FTSE 100 edged lower as losses in energy majors and AstraZeneca weighed on the index amid thin holiday trading. Weak crude prices ...- Johnnie Walker maker Diageo's new CEO cuts annual forecasts and dividend as he strives for a big resetDiageo's new chief Dave Lewis has lowered the company's annual forecast and dividend. This move sent its shares down, highlighting the sign...
- Diageo considers external candidates for CEO role, including outgoing GSK boss: ReportsDiageo is reportedly considering external candidates, including former GSK CEO Emma Walmsley, for its chief executive position. This comes ...
- Diageo CEO Debra Crew steps down as company pursues turnaround, cost cutsDiageo said Crew was leaving immediately by mutual agreement. It did not give further details but said it was maintaining its forecasts for...
- Diageo braces for $150 million tariff hit, unveils $500 million savings planDiageo, the world's leading spirits company, announced Monday it expects to lose $150 million annually due to tariffs imposed by U.S. Presi...
- Spirits maker Diageo misses FY profit forecasts as sales dipDiageo reported a 4.8% decline in annual profit, missing analyst expectations, due to a steep sales drop in Latin America and the Caribbean...
- MNC consumer firms bullish on India despite inflation, global headwindsMost of these companies indicated bullish expansion plans in India which ranked amongst one of their top performing markets playing down an...
- Diageo takes 772 mn pound write down for Indian market amid COVID-19World's leading spirits maker Diageo has taken a write down of 1.3 billion pound, including an impairment of 772 million pound for the Indi...
- Diageo withdraws forecast, halts shareholder returns programmeThe Johnnie Walker whisky maker said lockdowns imposed by governments across the world had significantly impacted its business.
- European shares fall as coronovirus fears rattle investorsEurope's main equity benchmark STOXX 600 fell 0.8 per cent by 0813 GMT.
- Top brokerages downgrade ratings on liquor companies after Supreme Court banUnited Spirits fell 5.76 per cent to close at Rs 2,048.30, Radico Khaitan fell 3.09 per cent to close at Rs 133.25 and United Breweries clo...
- United Spirits tie-up helps Johnnie Walker run in IndiaJW's biggest growth numbers poured out from the niche super premium scotch category that ended last year with sales of 28,000 cases.
- Brokerages' views on United Spirits after Diageo offers to sell W&M bizMorgan Stanley is of the view that the stake sale will be positive for USL as it will boost the company’s earnings.
- United Spirits shares hit 52-week high on hopes of deal with DiageoUnited Spirits stocks gained on reports that Mallya have may sealed a deal with Diageo giving it full control over India's largest spirits ...
- Diageo deal to be a game changer for UB Group & United Spirits: Jigar Shah, Kimeng SecuritiesThe deal with Diageo could be a game changer. If that works out, it can do a lot of good to the balance sheet, earnings and to the overall ...
- Johnnie Walker Double Black set for global launch next yearDiageo launches Johnnie Walker Double Black, a smokier variant of its 12-year-old blended scotch Johnnie Walker Black Label, at duty-free o...
- Deals and dropoutsHere's an international wrap of the various deals and drop outs.
- Diageo FY profits up, but outlook weakerDiageo PLC, the world's largest producer and distributor of alcoholic drinks, said it is pushing ahead with its focus on premium sales as i...
- Diageo expected to hit full-year profit targetDiageo PLC, the world's largest producer and distributor of alcoholic drinks, is expected to deliver near on-target profit growth when it p...
- NRI Billimoria keen to promote Cobra as a world beerIndian-born Lord Karan Billimoria is attempting to convert his popular beer brand 'Cobra' into a 'world beer' with the help of Diageo.
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