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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.

News

8 Seconds Juneteenth Rodeo Returns for Bigger Second Year in Portland, OR!

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The 8 Seconds Juneteenth Rodeo is set to return for its second year in Portland, Oregon, featuring a celebration of Black cowboy culture. With 7,200 attendees expected and $60,000 in prize money on the line, the event promises to be even bigger and better than the inaugural year, showcasing top Black rodeo athletes from around the country.
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Aviation American Gin to Release Six Specialty Bottles Inspired by Highly-Anticipated Marvel Studios' "Deadpool & Wolverine"

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Aviation American Gin is set to launch six -edition bottles inspired by Marvel Studios' 'Deadpool & Wolverine'. The bottles, designed in collaboration with Maximum Effort and Sandstrom Partners, feature sleek black glass, red custom strip stamps, and metallic details. Each bottle variant showcases a distinctive Deadpool icon, encapsulating the irreverent spirit of both brands. The gin itself maintains its crisp and smooth profile, making it a versatile spirit for any cocktail occasion. Fans can expect the bottles to hit shelves early this summer, coinciding with the theatrical release of 'Deadpool & Wolverine'.
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CÎROC Limonata Invites you to Experience a Vacation to the Mediterranean in a City Near You

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CÎROC Limonata introduces a new flavor innovation that embodies the essence of a Mediterranean vacation, offering consumers a chance to win a luxurious Amalfi Coast Yacht experience in Miami. The campaign features insightful city guides curated by talent partners, including Supermodel Chanel Iman, highlighting the best local spots. Consumers can enter to win exclusive experiences and prizes, immersing themselves in the Mediterranean lifestyle. CÎROC Limonata aims to provide an elevated lifestyle experience through collaboration with in-culture partners, emphasizing celebration, versatility, and luxury.
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CROWN ROYAL JOINS 2X ACM ENTERTAINER OF THE YEAR NOMINEE KANE BROWN AS THE OFFICIAL WHISKY OF THE 'IN THE AIR' TOUR

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Crown Royal partners with Kane Brown as the official whisky of the 'In The Air' Tour, launching the 'That Deserves a Crown with Kane Brown' contest to honor veterans. The brand will donate $1 to CreatiVets for every valid nomination. The partnership celebrates American Western culture and the brand's commitment to giving back.
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BALCONES DISTILLING SEES "WHISKY FROM A NEW PERSPECTIVE" IN LATEST CAMPAIGN

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Balcones Distilling introduces 'Whisky from a New Perspective' campaign, showcasing its unique approach to whisky-making. The campaign highlights the distillery's creative team and their innovative process, reflecting the energy of Texas. DIAGEO supports Balcones' leadership in American Single Malt Whisky.
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SMIRNOFF ICE - THE OG OF FLAVOR AND BOLDNESS - CONTINUES TO CHANGE THE GAME AS IT USHERS IN A NEW ERA OF SMIRNOFF ICE SURPR-ICES

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Smirnoff ICE announces its summer campaign, Surpr-ICES, promising unexpected delights at major festivals and events. The brand kicked off the season by decorating iconic U.S. landmarks and plans a special pop-up at Palm Springs' major music festival. This initiative includes giveaways and exclusive collectibles, aiming to enhance festival experiences with a fun twist. Smirnoff ICE's campaign encourages spontaneity and enjoyment, inviting everyone 21+ to participate in the Surpr-ICE movement by surprising each other and adding a touch of Smirnoff ICE to their gatherings.
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/C O R R E C T I O N -- Smirnoff ICE/

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Smirnoff ICE introduces a new era of surprises with Smirnoff ICE Surpr-ICES, featuring a variety of flavors and unexpected experiences at festivals and events. The brand aims to bring positivity, spontaneity, and boldness through comedic twists, encouraging fans to join in the movement and Just Add Smirnoff ICE. With pop-up events, giveaways, and collaborations with renowned artists, Smirnoff ICE promises a summer full of surprises and fun.
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Experience Summer Like Never Before with DeLeón Tequila's 'Summer Done Different' Series and Win a Chance to Attend Summer Jam HTX

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DeLeón Tequila launches 'Summer Done Different' series with unique experiences and exclusive events, including a partnership with American model Gabriette for elevated cocktail recipes. Consumers can win trips to Summer Jam HTX and $1,000 for a Cinco de Mayo celebration. The brand introduces 375ml bottles and emphasizes its rich heritage and unique flavor profile.
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Bulleit Frontier Whiskey 12-Year-Old Rye returns after five years

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Bulleit Frontier Whiskey reintroduces its award-winning 12-Year-Old American Straight Rye Whiskey after five years, incorporating whiskey aged up to 17 years in the blend. Bottled at 92 proof, this -release offers a smooth, aged taste with nuanced differences from the 2019 release. Priced at $54.99, it is available nationwide (except Maine) and aims to cater to the growing demand for premium rye expressions in the market.
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USBG PRESENTS WORLD CLASS SPONSORED BY DIAGEO HEADS TO DENVER, CO TO HOST 2024 NATIONAL FINALS

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The United States Bartenders' Guild (USBG) Presents World Class Sponsored By DIAGEO returns for its twelfth year, where the nation's top 30 bartenders will compete for the title of U.S. Bartender of the Year. The competition will feature three challenges in Denver, CO, with the winner advancing to the World Class Global Finals in Shanghai, China. The event aims to provide educational opportunities for bartenders to enhance their skills and craft.
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FAQ

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

The current stock price of Diageo plc (DEO) is $125.47 as of December 20, 2024.

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

The market cap of Diageo plc (DEO) is approximately 69.9B.

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.

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Diageo plc

NYSE:DEO

DEO Rankings

#189 Ranked by Market Cap
#777 Ranked by Dividends

DEO Stock Data

69.88B
555.95M
0.06%
10.66%
0.1%
Beverages - Wineries & Distilleries
Consumer Defensive
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United States of America
London