DGE.L Diageo plc
Company Analysis
Latest News
🟢 Diageo is trading 4.36% up after quarterly organic sales beat expectations
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,...
Diageo hires WPP's Joanne Wilson as CFO to accelerate turnaround
Diageo appointed Joanne Wilson as its new Chief Financial Officer and member of the Board and Executive Committee. Wilson currently serves as the CFO of WPP...
Diageo Faces Scottish Distillery Strike, Threatening Major Spirit Supplies
Unite union members at Diageo’s Cameronbridge distillery in Scotland have announced a strike. A full walkout is scheduled for September 28. Targeted...
Diageo Wins Kenya Approval for $2.3B EABL Sale to Asahi, Cutting Debt
Kenya’s competition regulator approved Diageo’s sale of its 65% stake in East African Breweries Plc (EABL) to Japan’s Asahi Group Holdings. The transaction is...
Diageo Rallies 8% on a Turnaround Bet — But Can Cost Cuts Alone Fix a Shrinking Top Line?
Shares in Diageo surged 7.8% to £1,769 on August 7 after the world's largest spirits maker paired fiscal 2026 results with an aggressive restructuring...
🟢 Diageo is trading 5.58% up today after earnings and restructuring targeting $1 billion in savings
Diageo is trading at £1732.50, up +5.58%, after August 6 fiscal 2026 results and a restructuring programme targeting $1 billion in savings over three years. •...
🟢 Diageo is trading 7.8% up today on earnings beat and confident guidance
Diageo is trading 7.8% up at £1769.00 after reporting stronger-than-expected earnings and maintaining confident forward guidance. • Investors are rewarding...
🟢 Diageo is trading 5.1% up today amid defensive sector rotation
Diageo is trading 5.1% up today at £1,672.00 as investors rotate into defensive consumer staples ahead of key Fed policy communication. • The move reflects a...
🟢 Diageo is trading 4.3% up today amid defensive sector rotation
Diageo is trading 4.3% up today at £1,660.00 as investors rotate into defensive consumer staples. • The stock is outperforming a mixed broader equity market...
Diageo slashes jobs by up to 30%, following post-pandemic sales decline
Diageo CEO Dave Lewis ordered management to implement job cuts of up to 30% in certain departments. Lewis previously earned the nickname Drastic Dave for...
Diageo chairman overhauls board, adding industry experts to guide CEO Lewis
Diageo Chairman John Manzoni is planning a significant overhaul of the company's board. He aims to appoint new non-executive directors with deep commercial...
🟢 Diageo shares surge on improving US demand trends and cost-cutting optimism
Diageo is trading 4.1% up at £1594.00 as investor sentiment improves regarding the company's outlook. • The surge follows fresh signs of stabilising demand in...
🟢 DGE.L up 0.80% today after agreeing to sell Ontario bottling plant
DGE.L is trading at $1,572.50, up 0.80% today, following news that the company has agreed to sell its bottling plant in southern Ontario. * The sale...
Diageo shares slide, hit by 9.4% North American sales slump
Diageo shares declined following a 9.4% sales drop in North America, its largest market. The company initiated price cuts to counter weakening demand for its...
Diageo Slashes Jobs in Major Restructuring, Aiming to Revive Performance
Diageo CEO Dave Lewis ordered executives to implement cost-saving measures and staff reductions. The Financial Times reported the company-wide restructuring on...