DEO News and Press, Diageo plc From 02/11/23

Summary Pernod Ricard is a top global spirits company targeting a 6-9% operating profit CAGR. Its share price is down 3% vs. a year ago. The company is reporting H1 FY23 results next Thursday (February 16). We expect these to be strong, based on other reports so far. PR shares are t...

Summary Tweedy, Browne’s 13F portfolio value decreased from $2.27B to $1.88B this quarter. They increased Ionis Pharmaceuticals while reducing most of the other stakes. Berkshire Hathaway at ~20% of the portfolio is the largest position. This article is part of a se...

Summary Alcohol is one of the fastest growing segments in the consumer staples category. Diageo is positioned to ride the wave of premiumization, the "spirits takeover," and the rise of new markets. As a British company, Diageo enjoys less institutional coverage. At a P/E multip...

HSBC cut estimates on Diageo plc ( NYSE: DEO ) after factoring in weaker-than-anticipated results from North America, but kept a Buy rating in place. For the first half of the fiscal year, North American sales were up 3% with volume down 4%. Diageo ( DEO ) was noted to show dynami...

IT'S PIÑA! BUCHANAN'S BLENDED SCOTCH WHISKY INTRODUCES NEW BUCHANAN'S PINEAPPLE - THE FIRST FLAVORED SPIRIT IN THE BRAND'S AWARD-WINNING PORTFOLIO PR Newswire Buchanan's Pineapple combines the exceptional smoothness of Scotch Whisky, with the juicy taste of pineapple, inv...

Diageo ( NYSE: DEO ) is “one of the best long-term growth stories in global staples,” according to Bernstein analysts. In a note upgrading her rating on the stock to Outperform, the team indicated that momentum in the US and emerging markets point to significant ...

Bulleit Frontier Whiskey unveils new film - "A Toast To The Times" - at an environmentally conscious premiere, curated by pioneers in sustainability PR Newswire LOS ANGELES , Feb. 3, 2023 /PRNewswire/ -- Bulleit Frontier Whiskey premiered its short film, "A Toast...

EVERYONE'S A LITTLE IRISH ON ST. PATRICK'S DAY, EVEN YOUR SHAKE! BAILEYS INTRODUCES ITS FIRST-EVER MINTY GREEN OFFERING - VANILLA MINT SHAKE - TO HELP CELEBRATE THE IRISH WAY PR Newswire The new, limited time offering puts an adult (and Irish) twist on a classic treat ...

NEW Vita Coco Spiked with Captain Morgan is Giving Summer Vibes with a Delicious Blend of Rum and Coconut Water PR Newswire Now available nationwide, the highly anticipated offering from Vita Coco coconut water and Captain Morgan promises to thaw out summer vibes with thre...

Summary Diageo shares fell 5.5% after results last week and are at 20.7x CY22 EPS and 24.8x pre-COVID FY19 EPS. The Dividend Yield is 2.3%. H1 FY23 results were strong, with organic growth of nearly 10% in Net Sales and EBIT, but sales growth in North America was just 3%. While inve...