Diageo is trading at £1893.00, up 4.36%, after quarterly organic net sales beat expectations.
- On November 5, it reported 0.6% organic net sales growth, versus analysts’ expectation of a 0.4% decline.
- North American sales fell 3.6%, less than the 6.7% drop analysts expected; full-year organic sales outlook remained broadly flat.
- Bloomberg also reported the sales beat. Trading volume and activity details were unavailable.