Welcome to our dedicated page for Diageo news (Ticker: DGEAF), a resource for investors and traders seeking the latest updates and insights on Diageo stock.
DIAGEO PLC ORD (DGEAF), the global leader in premium beverages, maintains this dedicated news hub for investors and industry observers. Access official press releases, financial disclosures, and strategic updates from the company behind iconic brands like Johnnie Walker, Guinness, and Tanqueray.
This resource provides essential updates across key business areas: quarterly earnings reports, sustainability initiatives, product innovations, and market expansion strategies. Our curated feed ensures you never miss regulatory filings, leadership announcements, or partnership developments affecting this FTSE 100 constituent.
Bookmark this page for streamlined access to DGEAF's latest corporate communications. For comprehensive analysis of the beverage alcohol sector and DIAGEO's evolving market strategy, revisit regularly as we update with verified information directly from company sources.
Diageo (NYSE:DEO) reported Q1 FY26 reported net sales $4,875m, down 2.2% year‑over‑year, with organic net sales flat. Organic volume rose 2.9% while price/mix fell 2.8%. Management estimates weaker Chinese white spirits reduced group net sales by ~2.5% in the quarter and cited a softer US consumer environment.
The company reaffirmed its Accelerate cost programme delivering ~$625m savings over three years, expects c.$3bn free cash flow in FY26, capex $1.2–1.3bn, and targets returning to 2.5–3.0x leverage by no later than FY28. Organic operating profit is expected to be low‑ to mid‑single digit.