Diageo is trading at $101.96, up 4.36%, after first-quarter organic net sales growth beat analysts’ expectations.
- Organic net sales grew 0.6%, versus analysts’ expected 0.4% decline.
- North American organic sales fell 3.6%, less than the 6.7% decline analysts expected; Reuters noted shipment timing contributed.
- Diageo maintained its full-year outlook. The provided price context shows shares also rose 3.88% on November 4.