Diageo plc (DEO) Q2 2026 Earnings Call Transcript
Diageo plc (DEO) Q2 2026 Earnings Call Transcript
Diageo plc (DEO) Q2 2026 Earnings Call Prepared Remarks Transcript
Diageo plc (DEO) Q2 2026 Earnings Call Prepared Remarks Transcript
Diageo drops after cutting dividend, with US sales weaker than expected
Diageo PLC shares fell over 6% to lead the biggest FTSE 100 fallers on Wednesday morning after the Guinness and Smirnoff maker halved its dividend and reported weaker half-year sales. The dividend cut, to 20 cents and alongside a reset dividend policy to 30-50% of earnings, was expected by many, said analyst Edward Mundy at Jefferies, though the City consensus forecast was still for 43c versus the prior year at 40.5c.
American tequila sales are collapsing. Diageo is cutting its dividend in half.
Diageo on Wednesday said it was cutting its dividend in half as it reduced its sales outlook, citing American consumer reluctance to spend due to affordability concerns.
Diageo halves interim dividend as US weakness hits sales
Diageo PLC cut its dividend as new chief executive Sir Dave Lewis said he wanted more financial flexibility to restructure the company, as weaker US spirits demand and softness in Chinese spirits weighed on first-half performance. Net sales fell 4% to $10.5 billion in the six months to end-December, with organic sales down 2.8%.
Diageo (DEO) Projected to Post Earnings on Wednesday
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 shares rise following report that new CEO plans sweeping executive overhaul
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.
Diageo 1H26 Earnings Ready to Unfold: What Are the Chances of a Beat?
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 tipped for upside if it leans further into the mainstream
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 gets cautious view from JPMorgan as spirits sector struggles to reset
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 sees Moët Hennessy spin-off as value unlock for LVMH and Diageo
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 upgraded as focus shifts back to the mainstream
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.
