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DEO Diageo Plc

139.73
-0.82 (-0.58%)
21 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Diageo Plc NYSE:DEO NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.82 -0.58% 139.73 140.64 139.30 140.60 570,409 22:24:31

Diageo Sees Slower Net Sales Growth Due to Weak Latin America, Caribbean Performance

10/11/2023 7:51am

Dow Jones News


Diageo (NYSE:DEO)
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By Ian Walker

 

Diageo said that it expects to see slower growth than the second half of the previous fiscal year due to a weaker performance in Latin America and Caribbean, which is nearly 11% of net sales value.

The liquor maker--which owns Johnnie Walker whisky and Tanqueray gin--said Friday that it now expects organic net sales from Latin America and Caribbean to fall by more than 20% year-on-year in the first half of fiscal 2024.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

November 10, 2023 02:36 ET (07:36 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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