Diageo, which has come under pressure from investors to cut costs and reduce debt, also said it was adding $125mn to its cost ...

The company’s cost-saving effort involves some job cuts as it navigates trade disputes and a slowdown in alcohol consumption.

Diageo reported a smaller than expected fall in annual profit on Tuesday and said it expected to have a permanent new CEO by ...

European shares closed higher on Tuesday, buoyed by better-than-expected corporate earnings and renewed optimism that the ...

Diageo’s latest earnings offer a crucial lesson. While traditional Scotch is struggling, the booming success of Crown Royal ...

Diageo, the maker of Guinness stout and Smirnoff Vodka, reported Tuesday a sharp drop in annual net profit and raised its ...

Diageo has announced a significant increase in its cost savings target as part of its ongoing Accelerate programme, now ...

The company’s earnings report was the latest example of sluggish bourbon sales nationwide, as consumers increasingly turn to ...

Diageo envisions supplying those looking for smaller bottles and beverages with little or no alcohol, interim CEO Manik Jhangiani said.

Diageo’s profits fell almost 30% last year as the world’s largest spirits maker suffered at the hands of changing drinking ...

Diageo, headquartered in London, experienced a nearly 30% profit decline from June 2024 to June 2025 amid challenging global ...

Diageo (NYSE:DEO) (LON:DGE) reported annual organic sales growth that surpassed market expectations, sending its shares nearly 3% higher in London trading.