Diageo

5 hours ago · proactiveinvestors.com

Jefferies has thrown its weight behind Diageo PLC's (LSE:DGE) plan to fix its ailing US business, telling clients the shares could climb 35% as the turnaround takes hold. The investment bank kept its 'buy' rating on Diageo, the FTSE 100 drinks giant behind Johnnie Walker, Guinness and Smirnoff, with a price target of 2,200p against a current 1,626p.

5 days ago · prnewswire.com

Alongside new frutero-inspired creative featuring Nina Sky, Buchanan's is bringing Buchanan's Coconut to life by partnering with DJ and producer collective Pangea Sound to introduce Mezclao – a multi-city event series that blends global music and culture, invites fans across LA, Austin and Miami to join the familia, and keeps the spirit of summer alive all autumn long NEW YORK, Sept. 16, 2026 /PRNewswire/ -- The House of Buchanan's today introduces Buchanan's Coconut, a bold new spirit that brings tropical richness and unmistakable flavor to the brand's award-winning portfolio.

6 days ago · prnewswire.com

NEW YORK, Sept. 15, 2026 /PRNewswire/ -- This football season, Crown Royal's "Bring It" platform kicks off with "Royal Rituals," a season-long celebration of the rituals that make football more than a game, bringing fans together in the moments that happen beyond the field. Throughout the season, Crown Royal will spotlight the many ways fans "Bring It" to game day, from longstanding rituals passed down through generations to the shared experiences that bring them together.

11 days ago · seekingalpha.com

Diageo remains a 'Buy' despite sector headwinds, with a revised price target of $90/share reflecting updated risks and valuation assumptions. Operational improvements include $800M+ in restructuring savings, headcount reduction, and solid free cash flow, supporting earnings resilience even as organic sales decline. North America remains a key weakness, with double-digit sales declines in spirits and persistent challenges expected through 2027; other geographies show growth.

28 days ago · proactiveinvestors.co.uk

Diageo PLC (LSE:DGE) has retained an 'Outperform' rating from RBC Capital Markets, with the broker maintaining its £20 price target as it backed chief executive Sir Dave Lewis's turnaround strategy. RBC said the plan unveiled at Diageo's August 6 Capital Markets Day was credible despite uncertainty surrounding the global spirits market.

1 month ago · proactiveinvestors.co.uk

Jefferies has held its 'buy' rating and 2,200p price target on Diageo PLC (LSE:DGE), arguing that a close reading of the Guinness-maker's latest annual report points to a genuine shift in strategy under its turnaround plan. The target implies upside of about 30% from Wednesday's opening level of 1,688p.

1 month ago · seekingalpha.com

Diageo plc (DEO) is reiterated as a Buy, supported by ongoing cost savings, a solid balance sheet, and a promising turnaround under the new CEO. DEO's new cost-cutting plan targets $1 billion in cost savings over two years, with 40% of operational and 25% of supply chain savings expected in FY27. FY27 guidance calls for broadly flat organic net sales, with North America down mid-single digits, and FCF temporarily dipping to ~$2 billion due to restructuring costs.

1 month ago · reuters.com

Diageo's total headcount fell more than 6% ​year-over-year by the end ‌of June, according to its annual report, ​as the world's ​top spirits maker embarks ⁠on a restructuring under new ​CEO Dave Lewis.

1 month ago · proactiveinvestors.co.uk

Diageo PLC (LSE:DGE) has appointed former Procter & Gamble Beauty chief executive R. Alexandra “Alex” Keith as a non-executive director, adding more than 35 years of international consumer goods experience to its board.

1 month ago · reuters.com

Diageo has agreed to reformulate some of its most popular whisky and rum drinks in India, two government sources told Reuters, after the country's food ​safety regulator banned them in some states for adding flavours that breached regulations.