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DEO News and Press, Diageo plc From 08/17/23

Stock Information

Company Name: Diageo plc
Stock Symbol: DEO
Market: NYSE
Website: diageo.com

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DEO - Balcones Distilling Wins Whiskey of The Year Award

Balcones Distilling Wins Whiskey of The Year Award PR Newswire The Texas Distillery Also Received Double Gold and Gold Awards Across Its Entire American Single Malt Portfolio at the New Orleans Spirits Competition. WACO, Texas , Aug. 17, 2023 /PRNewswire/...

DEO - Consumer discretionary stocks are given the buy call at BofA due to soft landing outlook

2023-08-14 10:26:10 ET Bank of America fired off a downgrade on the consumer staples sector to Underweight from Market Weight on Monday, while pushing up its rating on the consumer discretionary sector straight to Overweight from Underweight. Analyst Savita Subramanian and the BofA team...

DEO - Diageo: A Boring Business With A Premium Future Ahead

2023-08-13 21:26:07 ET Summary Diageo is the largest holding and distributor of alcoholic beverages, with a diverse portfolio of renowned brands. The company is focused on premiumization and expanding its presence in fast-growing segments like tequila. Diageo aims to gain mark...

DEO - Diageo: Celebrities Are Changing The Industry (Post-Earnings Rating Downgrade)

2023-08-11 12:28:50 ET Summary Diageo is a leader in the alcoholic beverage market, there is no doubt about that. The company had a decent FY23 despite headwinds from higher inventory levels, a tougher consumer environment, lower in-home consumption, and the sudden death of its le...

DEO - Vita Coco: Ignore The High Valuation And Keep Buying

2023-08-10 12:01:18 ET Summary Consumer demand for coconut water is growing rapidly and COCO now has a 50% market share in the US and a dominant international presence. COCO's margins have improved significantly in 2023 amid a decline in inflation, endearing the stock to investors...

DEO - Crown Royal Launches Hats Off Grant Program in Partnership with the Bill Pickett Invitational Rodeo Foundation in Celebration of Black Business Month

Crown Royal Launches Hats Off Grant Program in Partnership with the Bill Pickett Invitational Rodeo Foundation in Celebration of Black Business Month PR Newswire The Award-Winning Whisky Brand Commits its Support to Help Diversify the Rodeo Community with $100,000 in '...

DEO - Diageo Stock: Good Business But Outside The Buy Zone

2023-07-24 23:31:16 ET Summary Diageo, a global leader in the alcoholic drinks industry underpinned by prominent brands. The firm operates in a fragmented market, enabling the company to grow through acquisitions. I assign a hold because my current valuation suggests the compa...

DEO - Reinventing the Cocktail Culture to Promote Creative, Inclusive and Responsible Hosting

Diageo presents in Canada ‘serve & sip’: a cocktail recipe book for mindful cocktails and responsible summer hosting Summer is the perfect opportunity to reconnect with friends and family over food and drink. As social occasions continue to evolve, and people choose ...

DEO - Diageo falls after Morgan Stanley warns on weakness for U.S. business

2023-07-20 07:51:24 ET Diageo plc ( NYSE: DEO ) traded lower on Thursday after Morgan Stanley started off coverage on the spirits stock with an Underweight rating. Analyst Sarah Simon said that while industry spirits sales volume grew materially faster during the COVID-19 period...

DEO - JOHNNIE WALKER AND HANNAH WADDINGHAM INTRODUCE 'MATCH DAY MEMOS' CAMPAIGN TO RALLY THE NATION TO 'WATCH WOMEN'S SPORTS' AND HELP INCREASE THE MERE 10% OF TOTAL SPORTS COVERAGE WOMEN ATHLETES RECEIVE

JOHNNIE WALKER AND HANNAH WADDINGHAM INTRODUCE 'MATCH DAY MEMOS' CAMPAIGN TO RALLY THE NATION TO 'WATCH WOMEN'S SPORTS' AND HELP INCREASE THE MERE 10% OF TOTAL SPORTS COVERAGE WOMEN ATHLETES RECEIVE PR Newswire As a continuation of the brand's First Strides initiative and in c...

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