The company’s cost-saving effort involves some job cuts as it navigates trade disputes and a slowdown in alcohol consumption.

Diageo, the maker of Guinness stout and Smirnoff Vodka, reported Tuesday a sharp drop in annual net profit and raised its ...

DEO posts a y/y decline in earnings and sales in FY25, citing weak volumes in key markets and warns of continued headwinds in ...

Diageo hunting for new CEO as interim boss says there is much more for company to do across its portfolio of brands ...

Last week we reported the news that one of America’s biggest distilleries, MGP, saw a decline in sales by nearly a quarter in ...

Diageo’s profits fell almost 30% last year as the world’s largest spirits maker suffered at the hands of changing drinking ...

Shares in Diageo leapt nearly 5% after the troubled Scotch whisky giant, which parted company with chief executive Debra Crew last month, increased its cost-saving target under a ...

The Bank of England is expected to maintain its quarterly pace of interest rate cuts so far in 2025 with a further ...

Leading the charge this morning is Smith & Nephew PLC (LSE:SN), up over 11% after the knee- and hip-replacement group ...

Alcopops are making a comeback as Gen Z drops sobriety and picks up bottles amid a growing trend of young people drinking ...

Diageo ( ) has released its Q4 earnings. Here is a breakdown of the information Diageo presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Prem ...

McDonald's profits rose in the second quarter behind a rebound in US sales but executives said Wednesday that low-income consumers remained under economic stress. McDonald's Chief Executive ...