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* Diageo (DEO [https://seekingalpha.com/symbol/DEO]) on Wednesday named Joanne Wilson as its new chief financial officer, joining the board and executive committee “some time in 2027”, according to a statement. * Wilson, currently the CFO of WPP (WPP [https://seekingalpha.com/symbol/WPP]), replaces Nik Jhangiani. * Jhangiani joined …
Diageo (LSE:DGE) brand Johnnie Walker has released a limited edition Black Label bottle created with pop artist Sabrina Carpenter. The special release coincides with Carpenter's new album and aligns with her ongoing ambassador role for the whisky label. The collectible bottle is being promoted …
Tightening regulations for plastic and a renewed recycling push have consumer brands rethinking their packaging. Continue Reading
Tightening regulations for plastic and a renewed recycling push have consumer brands rethinking their packaging. Continue Reading
Diageo stock has had a difficult few years, yet the current valuation checks send mixed signals, with the Discounted Cash Flow (DCF) estimate pointing to a sizeable discount while market based multiples look much closer to fair value. Investors now have to weigh a …
Diageo (LSE:DGE) is cutting 305 roles at its North America headquarters as part of a new cost saving and turnaround plan under its recently appointed CEO. The reduction in headcount is described by the company as a material change in its largest market rather …
Diageo (LSE:DGE) has overhauled its long term incentive plan, reducing ESG metrics in management bonuses and instead focusing on earnings per share, cumulative cash flow and adjusted return on invested capital from the 2027 financial year. Set against a 1-day share price decline of …
Diageo is to cut 305 jobs at its North American headquarters in New York as the drinks group pushes ahead with CEO Sir Dave Lewis' turnaround plans. The location and number of job cuts were confirmed by a WARN notice by the company, with …
Targets on responsible drinking and sustainability are no longer being used to determine long-term rewards for Diageo's management, with bonuses mostly tied to financial metrics. In its annual report, Diageo remuneration committee chair Susan Kilsby said ESG measures "will no longer be included as …
In its Annual Report 2026 released on August 18, Diageo plc (NYSE:DEO) revealed that it had an average of 27,938 full-time employees by the end of June, indicating a decline of more than 6% from the 29,860 workers a year ago. The cuts are …
Diageo's (DEO) plan to revive sales growth through cost savings and a comprehensive retooling of the PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already …
A major global alcohol company has reduced its workforce by nearly 2,000 employees as a sweeping restructuring takes hold. The management is also spending heavily to cut costs and generate billions of dollars in cash over the next several years. Diageo, the company behind …
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Diageo (LSE:DGE) has moved into the spotlight after its Crown Royal brand launched a limited edition collaboration with Juicy Couture that links flavored …
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Diageo's share price has fallen roughly 44% over the past five years, yet a Discounted Cash Flow (DCF) estimate currently points to the stock trading …
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Diageo (LSE:DGE) is cutting nearly 2,000 jobs worldwide as part of a major restructuring under new CEO Sir Dave Lewis. The reduction represents over 6% of Diageo's …
This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter. Diageo cut its global workforce by nearly 2,000 jobs, or by more than 6%, the company disclosed in its annual report Tuesday, …
Diageo reduced its workforce by almost 2,000 people in its last financial year as part of the company's efforts to cut costs and improve its performance. According to Diageo's latest annual report, issued yesterday (18 August), the Johnnie Walker distiller had 27,938 full-time equivalent …
Diageo has agreed to make changes to the recipes of some of its spirits in India after the local federal regulator banned the sale of some of its products. Two unnamed government sources told Reuters yesterday (17 August) the business had agreed to make …
Cramer's remarks about Diageo PLC (NYSE:DEO) and Constellation Brands, Inc. (NYSE:STZ) marked somewhat of a shift in opinion compared to his statements in 2025. Last year, he was mostly bearish about the alcoholic beverage sector in particularly primarily due to shifting trends in the …
Diageo plc DEO is reshaping its portfolio and investment priorities as it seeks to restore sustainable growth amid a challenging spirits backdrop. Management's strategy centers on building relevant brands within competitive category strategies, sharpening customer and channel execution, and creating a more agile operating …
The European stock markets closed mixed in Tuesday trading as another potential deal between the US and Iran to reopen the Strait of Hormuz falters.The Stoxx Europe edged 0.1% higher, Germany's DAX gained 0.3%, the FTSE 100 was off 0.2%, France's CAC dropped 0.1%, …
European equities traded in the US as American depositary receipts were tracking higher late Tuesday PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have …
Consumer stocks were lower Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.5%.In corporate news, GameStop (GME) Chief Executive Ryan Cohen is Silver Upgrade to …
Former Constellation Brands, Diageo and Coors Executive Named Executive Vice President, Commercial Strategy, Bringing More Than Three Decades of Beverage Alcohol Leadership, National Account Expertise and Brand-Building Experience JACKSON, WY / ACCESS Newswire / August 10, 2026 / Kultura Beverage Group (OTCID:LTNC) ("Kultura" or …
US stock indexes ended the week higher supported by a rally in mega-cap technology stocks, a rebound in Treasury securities and robust corporate earnings. By the end of the week, geopolitical tensions involving Iran pushed crude oil prices toward $78 per barrel, raising fears …
This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter. Dive Brief: Guinness owner Diageo unveiled a $1 billion savings plan during the next three years to turn around the business. The …
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Diageo (LSE:DGE) has drawn fresh attention after reporting full year results to June 30, 2026, showing softer sales, revenue and earnings alongside a major cost …
This article first appeared on GuruFocus. Release Date: August 06, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Strong free cash flow of $3.2 billion, up $463 million year-over-year, enabling debt reduction. Organic …
Diageo has outlined plans to extract $1bn in savings from the business over the next three years. In a statement ahead of a much-anticipated investor meeting later today (6 August) the Guinness and Johnnie Walker maker said it expected to achieve around $1bn in …
Guinness maker Diageo has said it will cut costs to secure one billion dollars (£743 million) in savings as part of a major overhaul under boss Dave Lewis to help revive its fortunes. It came as the drinks giant, which also makes Gordon's gin …
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