Diageo plc Sponsored ADR (DEO)
Diageo jumps as CEO Lewis maps out America turnaround and $8bn cash target
Diageo PLC (LSE:DGE) shares jumped 6.3% to 1,744.9p after the booze maker reported higher underlying profit despite lower sales, with chief executive Dave Lewis setting out new strategic priorities for the coming three years. Organic net sales fell 2% in the year to 30 June, with volumes down 0.4% and an unfavourable price and product mix reducing sales by 1.6%.
Diageo Eyes $1 Billion in Savings as Part of Turnaround Plan
The group said the $1 billion in savings will begin in the current fiscal year, and will be achieved from work on operations and on its supply chain.
Diageo boss Lewis must convince sceptics as he unveils big reset on Thursday
Diageo PLC (LSE:DGE) faces a difficult task convincing investors that its turnaround can revive sales without sacrificing profitability when it reports annual results and presents its new strategy on Thursday, according to JPMorgan. Eight months after taking charge, chief executive Dave Lewis is expected to outline a reset aimed at making the Johnnie Walker and Smirnoff maker more competitive as it enters the 2027 financial year.
Diageo to Report FY26 Earnings: What Should Investors Know?
DEO's FY26 results are expected to reflect sales and earnings declines, as weak U.S. and China demand, tariffs, and margin pressure weigh.
Focus: After decades, Diageo's partnership with Moet Hennessy has lost some fizz
Diageo's decades-old partnership with Moet Hennessy has delivered shrinking returns and at times caused friction, adding to challenges facing new CEO Dave Lewis as he works to revive the world's biggest spirits maker.
Diageo falls as Deutsche Bank downgrades ahead of results and reset
Diageo PLC (LSE:DGE) shares fell 2.3% to 1,634p after Deutsche Bank downgraded the Guinness maker following the recent outperformance of its shares. The German bank moved to a 'hold' rating from 'buy' after noting that the shares had gained 22% since its upgrade at the end of March, outperforming the European food and beverage sector by 11 percentage points.
Diageo needs plausible and sustainable profit reset to rebuild confidence, says Deutsche Bank
Diageo PLC (LSE:DGE) faces growing pressure to reset investor expectations when it reports annual results next month, with Deutsche Bank arguing the drinks group needs a more realistic profit base before it can return to consistent growth. The bank maintained its 'buy' rating but cut its target price to 1,700p from 1,759p ahead of the company's results and strategy update on 6 August.
Diageo: Valuation At Multi-Year Lows, Our Buy Is Confirmed
We expect management to reset margins for FY2027 while outlining a credible recovery path driven by improved execution, reinvestment and market share stabilization. Operational self-help provides downside protection. Rightsizing supply chain and procurement functions could generate savings exceeding $350m, broadly consistent with management's Accelerate program. Beyond the US, Diageo continues to benefit from resilient international operations, with additional upside from APAC as the baijiu market normalizes.
Diageo's reset may not be enough to overcome US concerns, UBS warns
New Diageo PLC (LSE:DGE) boss Dave Lewis' long-awaited strategy update next month is unlikely to remove investor concerns over its biggest market, with UBS arguing expectations for a recovery in US spirits remain too optimistic. In a preview ahead of the drinks group's capital markets day in August, the bank said investors were focused on whether management would reset profit and margin expectations for the 2027 financial year as it attempts to revive sales in North America.
Can Innovation Efforts Help Diageo Outpace Industry Headwinds?
DEO faces weak demand, lower guidance and macro pressure, while innovation in RTDs, Guinness and new flavors aims to defend share and support recovery.
Brown-Forman Stock Outlook Hinges on Premium Growth and FY27 Risks
BF.B is banking on premium whiskey, innovation and emerging-market growth, but weak developed-market demand and profit pressure cloud fiscal 2027.
Diageo steps up US promotions as key brands continue to lose volume, says Deutsche Bank
Diageo PLC (LSE:DGE) has increased promotional activity across several of its biggest US spirits brands as it battles to stabilise sales in a challenging market, according to Deutsche Bank. Analyst Mitch Collett said the proportion of Diageo's US sales sold on promotion has been rising year-on-year since October and accelerated further in the latest four-week Nielsen data to 13 June.
