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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

BALCONES DISTILLING CELEBRATES THE SOLAR ECLIPSE WITH LAUNCH OF MIRADOR ECLIPSE AMERICAN SINGLE MALT

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Balcones Distilling launches the edition Balcones Mirador Eclipse American Single Malt, inspired by solar eclipses. The whisky features innovative flavor experimentation with red wine and rosé yeast strains, aged in bourbon casks for 4-5 years. Priced at $100, it will be available in May 2024 in select U.S. states.
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Astral Tequila Introduces First-Ever MargaritaCon: A Nationwide Celebration of America's Favorite Cocktail, All for a Cause

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Astral Tequila launches MargaritaCon, a month-long celebration of margaritas for a cause, with each cocktail sold contributing to building homes for those in need. The brand partners with Habitat for Humanity Mexico and donates $50,000 to Habitat for Humanity affiliates in the US. Astral Tequila's unique process creates a smooth tequila perfect for margaritas, making it the go-to choice for crafting delicious cocktails.
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SEAGRAM'S 7 CROWN AMERICAN BLENDED WHISKEY PARTNERS WITH AMERICAN CORNHOLE LEAGUE AS OFFICIAL WHISKEY SPONSOR

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Seagram's 7 Crown partners with the American Cornhole League as the Official Whiskey Sponsor, celebrating the beloved pastime of cornhole. With a nationwide tour and appearances at eight tournaments, Seagram's 7 Crown aims to bring together passionate cornhole enthusiasts and celebrate the sport's growing popularity worldwide.
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TANQUERAY NO. TEN CELEBRATES EXCEPTIONAL ARTISTRY WITH THE LAUNCH OF WORLDWIDE RESIDENCIES SHOWCASING THE BEST IN COCKTAIL CREATIVITY

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Tanqueray No. TEN introduces a new bottle design and launches global bartender residencies with top talent like Stanley Tucci and Ago Perrone. The season of cocktail celebration showcases creative collaborations and exclusive events across cities, highlighting the artistry of cocktail making and the brand's heritage.
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Introducing Indigo's Hour, A Rare, Limited-Edition Straight Bourbon Whiskey Transformed Through 18 Years of Barrel Aging

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Orphan Barrel Whiskey Distilling Co. introduces Indigo's Hour Straight Bourbon Whiskey Aged 18 Years, a edition bourbon embodying the artistry of American Whiskey craftsmanship. Crafted from a unique mashbill, aged in charred white oak barrels, and bottled as a highly- batch, Indigo's Hour offers a complex flavor profile with notes of vanilla, oak, spices, and red fruit. The bottle design pays homage to American whiskey regions, featuring the Pipevine Swallowtail butterfly and landscapes from Indiana, Kentucky, and Tennessee. Available for $225, this collectible bourbon is a tribute to exceptional liquid craftsmanship.
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BALCONES DISTILLING PARTNERS WITH THE OTHER ART FAIR TO INVITE INDEPENDENT ARTISTS TO PUSH THE BOUNDARIES OF CREATIVE POSSIBILITY

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Balcones Distilling partners with The Other Art Fair to celebrate artistry in whisky-making, launching the 'Spirit of Balcones: Artist in Residence Program'. The partnership aims to empower artists to create bold, innovative artwork, showcasing the connection between craftsmanship and self-expression. Attendees can enjoy hand-crafted Balcones cocktails and whiskies at the fairs.
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BLADE AND BOW TEES UP PARTNERSHIP WITH PROFESSIONAL GOLFER AND MAJOR CHAMPIONSHIP WINNER WYNDHAM CLARK TO ELEVATE GOLFERS' GAME ON AND OFF THE GREEN

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Blade and Bow Kentucky Straight Bourbon Whiskey launches The 19th Hole campaign with pro golfer Wyndham Clark, offering golfers tools to enhance their game and enjoy Blade and Bow bourbon. The campaign includes a content series, a nationwide sweepstakes, and celebrates the parallels between golf and bourbon craftsmanship.
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Diageo PLC to appoint Sir John Manzoni as Chair

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Diageo appoints Sir John Manzoni as Chair, with Javier Ferrán retiring in February 2025 after nine years on the Board. The transition aims to continue the company's growth and global development.
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CROWN ROYAL LAUNCHES HIGHLY ANTICIPATED FLAVOR INNOVATION CROWN ROYAL BLACKBERRY FLAVORED WHISKY

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Crown Royal announces the limited edition release of Blackberry Flavored Whisky, expanding its flavor portfolio for spring and summer. The blend combines Crown Royal whiskies with the juicy flavor of fresh blackberries, creating a vibrantly delicious whisky with notes of vanilla, caramel, and blackberry. The brand emphasizes its innovative approach to whisky, catering to evolving consumer preferences. Crown Royal Blackberry Flavored Whisky is versatile, offering four recommended cocktails for various hosting occasions. The limited offering is priced at $26.99 and is already gaining popularity as the drink of the summer.
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WITH JASON MOMOA, IT'S ALWAYS A LOVELY DAY FOR A GUINNESS

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Guinness collaborates with actor Jason Momoa for a new campaign, marking his directorial debut. Momoa's personal connection to Guinness shines through as he directs and stars in the content alongside his production company and loved ones. The campaign, 'Lovely Day', celebrates inclusivity and toasts to the joy of sharing a Guinness. The partnership aims to bring Guinness to more people and occasions, starting a new chapter in the brand's iconic story.
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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