Diageo toasts strong quarter, shares spark
6th May 2026 09:32
(Sharecast News) - Shares in Guinness-owner Diageo fizzed on Wednesday, after the drinks giant reported better-than-expected third-quarter growth, fuelled by strong demand across Europe and Latin America ahead of the football World Cup.
Read moreLondon close: Stocks mixed as investors mull longer Hormuz blockade
1st May 2026 14:13
(Sharecast News) - London stocks ended mixed on Friday as investors weighed ongoing concerns about the Strait of Hormuz blockade against resilient domestic data, after the Bank of England warned that inflation could breach 6% next year in a worst-case scenario linked to higher oil prices.
Read moreCiti cuts Diageo target price after results
26th Feb 2026 12:24
(Sharecast News) - Citi cut its price target on Diageo on Thursday to 2,200p from 2,425p following the drinks company's results a day earlier.
Read moreDiageo cuts guidance and dividend on tough US trading
25th Feb 2026 07:38
(Sharecast News) - Diageo cut its full-year guidance and halved the dividend on Wednesday, sending shares sharply lower, after weak trading in North America and China weighed heavily on the drinks giant.
Read moreDiageo considering sale of Chinese assets - report
13th Jan 2026 11:12
(Sharecast News) - Diageo is reportedly considering options for its Chinese assets, including a potential sale, as it looks to streamline its portfolio.
Read moreRBC Capital upgrades Diageo to 'outperform'
6th Jan 2026 07:54
(Sharecast News) - RBC Capital Markets upgraded Diageo on Tuesday to 'outperform' from 'sector perform', keeping the cash flow derived price target at 2,000p.
Read moreDiageo to sell East African Breweries stake for $2.3bn
17th Dec 2025 11:09
(Sharecast News) - Diageo is to sell its stake in East African Breweries Limited to Japan's Asahi Group Holdings in a deal worth $2.3bn, the drinks giant confirmed on Wednesday.
Read moreDiageo names former Tesco boss Dave Lewis chief executive
10th Nov 2025 07:01
(Sharecast News) - Former Tesco boss Dave Lewis is to take over as chief executive of Diageo, the drinks giant confirmed on Monday, sending shares in the Guinness owner sharply higher.
Read moreDiageo cuts full-year sales and profit forecast
6th Nov 2025 07:37
(Sharecast News) - Drinks maker Diageo cut its full-year sales and profit forecasts on Thursday amid weakness in Chinese white spirts and a slowdown in demand in North America.
Read moreDiageo shareholders urged to vote against pay report - Sky
16th Oct 2025 11:06
(Sharecast News) - Drinks giant Diageo is facing a potential investor backlash over pay, it was reported on Thursday.
Read moreGoldman Sachs upgrades Diageo to 'neutral', says downside is limited
8th Aug 2025 07:23
(Sharecast News) - Goldman Sachs upgraded Diageo to 'neutral' from 'sell' as it said the valuation is supportive and downside is limited.
Read moreLondon close: Stocks finish higher on raft of corporate earnings
5th Aug 2025 17:50
(Sharecast News) - London stocks closed slightly higher on Tuesday, buoyed by strong corporate earnings from several blue-chip firms despite fresh signs of weakness in the UK's service sector and subdued investor sentiment ahead of the Bank of England's next rate decision.
Read moreDiageo FY operating profits slump, organic net sales grow
5th Aug 2025 07:09
(Sharecast News) - Alcoholic beverage giant Diageo posted a mixed set of FY results on Tuesday, as the group navigated FX headwinds and restructuring costs while maintaining organic growth.
Read moreTuesday preview: Tariffs in focus for Diageo, BP reports Q2 results
4th Aug 2025 09:16
(Sharecast News) - Full-year results from beverages group Diageo and second-quarter results from oil major BP will be in focus on Tuesday morning.
Read moreDiageo appoints Deirdre Mahlan as interim CFO
30th Jul 2025 12:28
(Sharecast News) - Diageo said on Wednesday that it has appointed Deirdre Mahlan as interim chief financial officer with effect from 18 August.
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