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Diageo plc - DEO STOCK NEWS

Welcome to our dedicated page for Diageo plc news (Ticker: DEO), a resource for investors and traders seeking the latest updates and insights on Diageo plc stock.

Diageo plc (symbol: DEO) is a leading British multinational company in the alcoholic beverages industry, headquartered in London, England. Formed in 1997 through the merger of Grand Metropolitan and Guinness, Diageo excels in producing and marketing premium spirits, beer, and wine globally. Operating from 132 sites worldwide, it ranks among the top producers of branded premium spirits, comparable to Kweichow Moutai in terms of revenue.

Diageo's diverse portfolio includes renowned brands such as Johnnie Walker blended scotch, Smirnoff vodka, Crown Royal Canadian whiskey, Captain Morgan rum, Casamigos tequila, Tanqueray gin, Baileys Irish Cream, and Guinness stout. The company also holds a 34% stake in Moet Hennessy, a premium champagne and cognac manufacturer, and a 56% stake in United Spirits, India's leading spirits company.

Diageo's commitment to innovation and quality is evident in its recent projects. For example, the nationwide campaign “The 19th Hole with Blade and Bow” in collaboration with professional golfer Wyndham Clark, aims to enhance the golfing experience with premium bourbon. Furthermore, Diageo's Smirnoff ICE brand is actively promoting a new initiative called “Smirnoff ICE Surpr-ICES” to celebrate spontaneity and boldness at major festivals.

Financially, Diageo is robust, with listings on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE). The company continues to demonstrate strong growth and profitability, driven by a global strategy that includes market expansions and innovations. Recent executive changes, such as the appointment of Nik Jhangiani as the new Chief Financial Officer, reflect Diageo's strategic focus on financial efficiency and growth.

Diageo is also committed to sustainability and responsible drinking. The company's global responsible drinking resource, DRINKiQ, offers extensive information and initiatives promoting responsible alcohol consumption.

With a broad global footprint and a diverse brand portfolio, Diageo remains a significant player in the beverage alcohol industry. For more information about Diageo, visit www.diageo.com.

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Captain Morgan introduces Captain Morgan Sliced, a new ready-to-drink lineup of cocktail-inspired malt beverages with four exciting flavors. The brand aims to offer convenience, deliciousness, and adventure to consumers, emphasizing bold flavors and an adventurous spirit.
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MADD and Diageo have formed a partnership to collaborate on public awareness and education campaigns aimed at ending drunk driving. The partnership will focus on sending a clear 'don't drink and drive' message to football fans throughout the U.S. and beyond. Impaired driving deaths and injuries have been on the rise, with MADD and Diageo aiming to address this issue through their combined expertise and resources.
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Bulleit Frontier Whiskey introduces Bulleit American Single Malt, a 100% malted barley whiskey aged in charred new American white oak barrels. The brand showcases its commitment to sustainability and innovation through the use of post-consumer recycled glass for the bottle, and a partnership with American Forests to plant and restore 2.5 million white oak trees by 2026. The whiskey offers notes of sweet vanilla, toasted oak, red fruit, and pear, with a smooth finish of oaky caramel and subtle cocoa notes. Bulleit American Single Malt is priced at $59.99 for a 750ml bottle and is available nationwide as well as at the Bulleit visitor experience in Shelbyville, KY.
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Smirnoff is set to unveil its new Smirnoff SMASH Vodka Soda at a star-studded celebrity pickleball showcase in Las Vegas. The event will feature bold flavors, duos, and a tournament with celebrities and NFL legends. The variety pack will include four flavors, each with 100 calories, and will be available at a suggested retail price of $17.99 per 12-pack or $8.99 per 6-pack.
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Baileys Chocolate Liqueur partners with The Skin Deep to release limited-edition conversation cards for Valentine's Day. The deck includes 50 cards with questions for couples and friends, designed to spark fun and meaningful conversations. The unique deck is tailored for all relationship statuses and aims to bring people closer together on this special day.
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Balmain celebrated its return to Paris Men's Fashion Week with an intimate party at the Hotel Plaza Athénée, featuring a JOHNNIE WALKER BLUE LABEL custom cocktail. Notable guests included Olivier Rousteing, Zane Philipps, Ozuna, Tokisha, and more. The press release emphasizes the celebration of the designer's latest collection with a curated selection of cocktails.
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Tequila Don Julio introduces Tequila Don Julio Alma Miel, a blend of Blanco and Añejo tequila with agave honey and Crémant du Limoux wine cask finish, inspired by the heart of the 100% Blue Weber Agave. The collaboration with Mexican singer-songwriter Christian Nodal aims to celebrate modern Mexico through music and taste. The product is available for $99.99 for a 750ml bottle in select markets and will be nationwide soon.
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Ketel One Family Made Vodka (KETL) partners as the Official Vodka of the 2024 Sundance Film Festival, offering a unique cocktail experience and celebrating independent cinema. The festival will feature a dazzling official cocktail lineup curated by award-winning mixologists, aiming to elevate the artistry of spirits alongside the creativity of independent cinema.
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Zacapa launches first-ever global creative campaign 'Lips to Soul' to evoke a sense of wonder and connection with consumers, aiming to tap into the growing ultra-premium and luxury rum market. The campaign reflects the magical brand roots and community importance of Zacapa, featuring a lush landscape of Guatemala and the hands of over 700 women who handweave the signature bottle bands. The campaign is designed to create a deep sensorial connection and resonates with a diverse global audience. The campaign will be supported by digital OOH, TV, paid social, PR, and events, marking the largest globally-led campaign in Zacapa's history.
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Diageo (DGE) has launched a global report titled 'Distilled: A Diageo Foresight Report' offering insight into consumer trends around the world. The report combines in-depth quantitative analysis from the past two years with expert foresights into next year's consumer behaviors, providing essential reading to brands, regardless of region or industry. The report has uncovered five global trends that are shaping consumer behaviour including Neo-Hedonism, Betterment Brands, Conscious Wellbeing, Expanding Reality, and Collective Belonging.
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FAQ

What is the current stock price of Diageo plc (DEO)?

The current stock price of Diageo plc (DEO) is $117.65 as of January 22, 2025.

What is the market cap of Diageo plc (DEO)?

The market cap of Diageo plc (DEO) is approximately 65.9B.

What products does Diageo produce?

Diageo produces a variety of premium alcoholic beverages, including spirits like Johnnie Walker, Smirnoff, Crown Royal, Captain Morgan, Casamigos, Tanqueray, and Baileys, as well as Guinness stout.

Where is Diageo headquartered?

Diageo is headquartered in London, England.

What are some recent projects by Diageo?

Recent projects include the 'The 19th Hole with Blade and Bow' campaign in collaboration with pro golfer Wyndham Clark and the 'Smirnoff ICE Surpr-ICES' initiative to celebrate spontaneity at festivals.

Where is Diageo listed?

Diageo is listed on both the New York Stock Exchange (symbol: DEO) and the London Stock Exchange (symbol: DGE).

What is Diageo's commitment to responsible drinking?

Diageo promotes responsible drinking through its global resource, DRINKiQ, which provides extensive information and initiatives on responsible alcohol consumption.

Who is the new Chief Financial Officer of Diageo?

Nik Jhangiani has been appointed as the new Chief Financial Officer and will join the company in Autumn 2024.

What is the history of Diageo?

Diageo was formed in 1997 through the merger of Grand Metropolitan and Guinness, making it one of the world's leading producers of branded premium spirits.

How many sites does Diageo operate globally?

Diageo operates from 132 sites around the world.

What is Diageo's financial condition?

Diageo is financially robust, demonstrating strong growth and profitability, driven by strategic market expansions and innovations.

How can I get more information about Diageo?

For more information about Diageo, visit their website at www.diageo.com.
Diageo plc

NYSE:DEO

DEO Rankings

DEO Stock Data

65.86B
555.96M
0.06%
10.66%
0.12%
Beverages - Wineries & Distilleries
Consumer Defensive
Link
United States of America
London