Diageo plc Sponsored ADR Stock News

Diageo's diversified portfolio and global distribution channels support its growth, despite a 0.6% organic revenue decline in FY24 due to weak consumer sentiment. The company's premiumization strategy and acquisitions, like Don Papa Rum, are driving price growth and improving margins, making it an attractive investment. Diageo's solid capital allocation, including significant dividends and shar...

Guinness owner Diageo PLC (LSE:DGE)is reportedly shipping supplies from its reserves from Ireland to the UK to alleviate a shortage of the famous black stout. Stories have been running for weeks ag about shortages of Guinness with some pubs introducing ration cards to distribute what they get fairly.

Diageo PLC (LSE:DGE) is reportedly considering the sale of Ciroc Vodka, the drinks brand backed by disgraced music mogul Sean “Diddy” Combs. According to sources cited by Bloomberg, FTSE 100-listed Diageo has contacted potential buyers, including beverage companies and private equity firms, to gauge interest in the brand.

The new campaign will cement Tanqueray as the audaciously classic choice by showcasing the brand's history of boldness and iconicity to appeal to the new generation of cocktail lovers. NEW YORK , Dec. 18, 2024 /PRNewswire/ -- Tanqueray London Dry Gin, the #1 Gin in the US (Nielsen/NABCA) and 7-time winner of the bartender's choice award by Drinks International, is an icon that is known for its ...

JD Wetherspoon PLC's (LSE:JDW) outspoken boss Tim Martin has told Guinness owner Diageo to get its finger out and start brewing more to ease the current shortage of the black stuff. In comments to the FT, Martin said: "I'm going to be having a stern word with them and say: 'What's happened to your crystal ball?

Pubs have started to ration Guinness after panic buying exacerbated what was already heading to a tight supply situation over Christmas. Reports started circulating at the start of December that Guinness brewer Diageo PLC (LSE:DGE) was considering ‘managing ‘ supplies in the key holiday period after a recent spike in demand.

Diageo PLC (LSE:DGE) rose to the top of the FTSE 100 risers after UBS added its name to the (short) list of brokers predicting a recovery in the Guinness and Johnnie Walker group's fortunes in 2025. In fact, Diageo got a double upgrade from the Swiss bank with its rating rising to 'buy' from ‘sell' based on the prospects for strong growth in areas such as Tequila.

Some $3 billion in tequila and mezcal imports from top makers of the popular spirits, Diageo and Jose Cuervo owner Becle, are at risk from U.S. President-elect Donald Trump's planned tariffs on Mexico, according to Mexican customs data reviewed by Reuters.