Diageo Offers A Decade-High Yield, Yet Growth Lags
Diageo's stock has declined nearly 40% since 2021 due to rising interest rates, negative sentiment toward UK equities, and stalled growth. Despite a near-decade high dividend yield of 3.2%, Diageo's modest growth outlook and inflationary pressures dampen investor confidence. The company faces challenges like weak demand in key markets, rising costs, and a shift toward non-alcoholic alternatives, impacting sales and margins.
Diageo Stock Slides 8% YTD: A Buy Opportunity or Time to Exit?
DEO faces hurdles from shifting consumer sentiment and high inventory in LAC, while a cautious consumer backdrop impacts its U.S. Spirits segment in North America.
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Diageo: Fundamentally Conservative, With A Well-Covered Dividend
Diageo is a quality beverage business with a low P/E ratio and a high yield, making it an attractive investment opportunity. Despite some challenges and declines in the sector, Diageo is expected to rebound and offer a potential 15%+ annualized return. The company's strong position in the market, diverse footprint, and potential for long-term demand make it a solid investment choice.
Diageo turns turtle as Pernod gin slump points to more trouble ahead
Pernod Ricard's latest results had a knock-on effect on rivals Diageo PLC (LSE:DGE) and spirits group Fevertree Drinks (AIM:FEVR) as gin sales at the French group were notably weak. Among the brands Beefeater Gin volumes were down 10%, noted Peel Hunt, which pointed out this is an unhelpful read for tonic specialist Fevertree, although one that has already been flagged.
Diageo boosted as China drops brandy import measures
Diageo PLC (LSE:DGE) got an early boost on Thursday after China backtracked on plans to introduce anti-dumping measures on imported brandy. Shares in the FTSE 100-listed beverage company climbed early on before falling as they began trading without the right to their latest dividend award.
Diageo: Current Macro-Environment Creates Headwinds; Long-Term Prospects Remain Bright
Diageo's H2 2024 results fell short of expectations due to FX impacts and a decline in average selling prices, despite slightly higher shipment volumes. Management remains cautious about the 2025 outlook due to moderate global consumer demand and the cost of financing working capital. The company continues to invest in marketing and production, which supports future growth prospects, particularly in markets like Asia with healthy sales performance.
Diageo has a premiumisation problem. Is rebranding the key to recovery?
Has a reality check on the so-called ‘premiumisation' trend in the beverage sector caused British multinational alcoholic drinks supplier Diageo PLC (LSE:DGE) to become one of the worst FTSE 100 performers over the past 12 months? Premium, or ‘reserve' brands, as Diageo has historically called them, include the likes of Johnnie Walker Blue, single malts, Don Julio tequila and Zacapa rum.
Diageo: This Is A Bargain
Not the expected quarter, but we are positive on premiumization, scale, and new markets. Good inventory levels worldwide and near-term actions to support Diageo's operating profit margin. Discount compared to the company's historical average and the Staples sector. Diageo is gaining market share with a favorable price MIX. Our buy rating is confirmed.
Diageo PLC (DEO) Preliminary Q4 2024 Q&A Call Transcript
Diageo PLC (NYSE:DEO ) Preliminary Q4 2024 Q&A Conference Call July 30, 2024 4:30 AM ET Company Participants Debra Crew - CEO Lavanya Chandrashekar - CFO Conference Call Participants Simon Hales - Citi Edward Mundy - Jefferies Celine Pannuti - JPMorgan Mitch Colett - Deutsche Bank Olivier Nicolai - Goldman Sachs Sanjeet Aujla - UBS James Edwardes Jones - RBC Laurence Wyatt - Barclays Sarah Simon - Morgan Stanley Jeremy Fialko - HSBC Fintan Ryan - Goodbody Operator Good morning and welcome to Diageo's F24 Preliminary Results Q&A Conference Call. Your call today will be hosted by Debra, Diageo's CEO, and Lavanya, Diageo's CFO.
Diageo PLC (DEO) Preliminary Q4 2024 Earnings Call Transcript
Diageo PLC (NYSE:DEO ) Preliminary Q4 2024 Earnings Conference Call July 30, 2024 2:15 AM ET Company Participants Debra Crew - CEO Lavanya Chandrashekar - CFO Conference Call Participants Debra Crew Good morning, everyone. Thank you for joining our Results Presentation for Fiscal '24.
Diageo (DEO) FY24 Earnings & Sales Decline Y/Y on Soft Volume
Diageo's (DEO) FY24 results reflect the impacts of soft volume particularly in LAC and North America, which hurt organic sales. Soft operating profit and higher costs hurt the bottom line.
