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 ...

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

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

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 ...

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

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

Sometimes rhetoric trumps numbers. Diageo issued predictably ghastly results on Tuesday — operating profit fell almost 30 per cent year on year — but the troubled drinks maker, its last chief ...

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

The key motivation for Diageo's acquisition strategy is to broaden the product portfolio, which is critical in the on-trade channel (bars, restaurants, pubs). Volume in the spirits industry is more ...