Diageo Plc

Diageo cost-cutting and restructuring

5 clusters · 24 sources · last updated 10 days ago

Latest: Diageo shares recover following cost-cutting measures

In early August 2026, Diageo announced a multi-year cost programme aimed at restoring organic revenue growth to a low-single-digit rate by fiscal 2028/29 after a 2% sales decline and a $19.6 billion revenue drop. The pla

U.S. alcohol consumption and retail sales decline

5 clusters · 11 sources · last updated 19 days ago

Latest: US alcohol retail sales decline 3.4% during summer season

Alcohol consumption among U.S. adults has stabilized at 54%, the lowest level recorded since Gallup began tracking the metric in 1939. This follows a multi-year decline from 62% in 2023 and 67% in 2022. Health conscious

Nigerian consumer-goods firms post strong H1 2026 earnings

8 clusters · 17 sources · last updated 25 days ago

Latest: Guinness Nigeria reports profit growth and strengthened balance sheet

In the first half of 2026, Nigerian consumer-goods companies, particularly in the brewing sector, reported strong financial results despite inflationary pressures. The three largest brewers—Nigerian Breweries, Internatio