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

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

"While we are encouraged by areas of progress and the standout performance from Don Julio, Guinness and Crown Royal Blackberry, there is clearly much more to do across our broader portfolio and brands ...

Profit at FTSE 100 giant Diageo has fallen far short of expectations as high costs hammer the drinks giant. Net sales fell ...

The group, home to brands such as Guinness beer and Johnnie Walker whisky, on Tuesday booked net sales of $20.245 billion for the year ended June, 0.1% lower than in the prior year. In organic terms, ...

SALES FORECAST: The maker of Guinness beer is expected to report a 1.4% organic increase in net sales to 20.2 billion pounds ($26.83 billion) for the year ended June, according to a poll of estimates ...

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

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