DGEAF News and Press, Diageo Plc Ord From 04/04/23

2023-04-04 02:26:42 ET Summary Diageo plc is a global alcoholic beverage company. Diageo is benefiting from innovation, premiumization, and the general health of the alcohol industry. Margins are market-leading, with an EBITDA-M of 34%. They remain very rigid, unlike peers who...

2023-04-01 05:17:00 ET Summary Most readers follow my work for the extensive writing I have done referencing my aggressive growth portfolio. However, the vast majority of my net worth is held in my all-weather portfolio. In this article, I would like to draw back the curtain on my...

Sir Ivan Menezes to retire from Diageo; Debra Crew to be appointed Chief Executive Officer LONDON, UK / ACCESSWIRE / March 28, 2023 / Today, Diageo announces that Sir Ivan Menezes has decided to retire as Chief Executive Officer and depart from the Diageo Board on 30 June 2023, following...

2023-03-24 10:26:30 ET Summary Diageo and Constellation Brands share a lot of similarities but are still quite different companies. The article gives a good overview of their business models. Diageo does a great job of maintaining its top position through strong marketing spend. C...

2023-03-18 08:00:00 ET Summary This is the second most overvalued sector, and no industry looks really attractive. The most overpriced one is personal care products. Fast facts on iShares Global Consumer Staples ETF, an international alternative to XLP. This monthly ...

Summary Gabelli Funds’ 13F portfolio value increased from $12.13B to $12.87B this quarter. They decreased Apple, Alphabet, PNM Resources, Brown Forman, UnitedHealth, and Verizon during the quarter. The top five positions are NextEra Energy, Deere & Company, Mastercard, Ge...

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 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...

Summary GAB’s top investments are part of its portfolio for a very long time. During this period, these stocks were able to generate high price growth. High total return and consistent double-digit yield generated by GAB makes it a very good investment option for income-seeking i...