Diageo (NYSE: DEO - Get Free Report) is expected to be announcing its H1 2026 results before the market opens on Wednesday, February 25th. Analysts expect Diageo to post earnings of $3.67 per share and revenue of $5.6590 billion for the quarter. Parties may visit the the company's upcoming H1 2026 earning results page for the
Diageo PLC (LSE:DGE) shares rose 1.8% to 1,813 pence after the Financial Times reported that Dave Lewis, the drinks group's recently appointed chief executive, is planning a significant restructuring of the company's leadership team. Lewis intends to replace several members of Diageo's 14-person executive committee and remove entire layers of management, the newspaper said, citing people familiar with the matter.
DEO gears up to report 1H26 results amid weakness in the United States and China, but strength in Europe, LAC and Africa could shape the earnings outcome.
Diageo PLC (LSE:DGE) could revive performance if it leans harder into mainstream spirits and steps back from premiumisation, that's according to analysts at RBC, who have repeated an 'Outperform' rating and £20.00 price target. RBC said the most plausible route to recovery is a bigger push into mainstream price points and a less passive stance on category growth.
Diageo PLC (LSE:DGE) may deliver reassuring results at its interims next month, but the outlook remains fragile as the spirits sector continues to grapple with structural headwinds, according to JPMorgan. In a note addressing the recent rebound in spirits shares, analyst Celine Pannuti said the bounce follows a tough 2025, where the sector fell 29% against a 3% gain for European staples.
RBC Capital has laid out a series of scenarios that could unlock value at Moët Hennessy, including a potential spin-off, as Diageo PLC (LSE:DGE) begins a strategic review under new leadership and LVMH works to turn around its underperforming Wines & Spirits unit. In a report published on Monday, analysts led by Piral Dadhania argued that the prospect of corporate action at Moët Hennessy, jointly owned by LVMH and Diageo, is now “greater than zero”; a first in over four decades of covering the two groups.
Diageo PLC (LSE:DGE) was upgraded on Tuesday after analysts argued the drinks group is finally confronting the strategic choices needed to revive growth, even if that means sacrificing some margin along the way. RBC Capital Markets lifted its rating to 'outperform', saying Diageo's future recovery hinges on re-energising its mainstream brands rather than leaning so heavily on premium and luxury spirits.
Diageo plc remains a Hold as macro headwinds and weak spirits demand persist, despite Guinness emerging as a strong growth driver. Guinness, especially Guinness 0.0, is expanding its consumer base and driving higher frequency through pairing and cultural embedding. For DGEAF, North America continues to be the largest drag, with no signs of stabilization in spirits demand and persistent negative price/mix trends.
The deal gives East African Breweries an enterprise value of $4.8 billion, according to Diageo.
Diageo is rated Buy, trading at decade lows but poised for recovery via market improvements, cost savings, and a new CEO with turnaround expertise. Despite US and China weakness, DEO expects $3B free cash flow in FY26, aided by CAPEX cuts and a resilient premium brand portfolio. Accelerated cost savings target raised to $625M; dividend yield stands at 4.65%, though future policy under new leadership remains uncertain.
Diageo PLC (LSE:DGE) slipped 1% to 1,733p in morning trading after UBS cut the stock to 'neutral', slicing its price target to 1,850p from 2,250p. The Swiss bank flags a sharp turn in the US tequila cycle, where category sales are now falling and Diageo is losing share, with September and October sell-out data down 9%.
Sin stocks stand out as resilient plays, blending stable demand, pricing power and strategic shifts that support long-term growth potential.