Diageo Stock News

Shares of Diageo plc (LON: DGE) are up 2.0% on Thursday after the British multinational reported solid profit for the first six months of fiscal 2022 on robust growth in higher-end brands. Highlights

Diageo PLC (DEO) CEO Ivan Menezes on Q2 2022 Results - Earnings Call Transcript

UK pre-market stocks update EasyJet, Anglo American, Diageo, Dr Martens

Diageo PLC (LSE:DGE) announced strong sales growth for the first half as consumers stocked up on premium brand drinks for home consumption and the hospitality sector increased its orders as as pubs an

Diageo CEO Ivan Menezes discusses the company's latest financial results.

LONDON (Reuters) -Diageo, the maker of Johnnie Walker whisky and Tanqueray gin, on Thursday said that first-half sales rose nearly 16% as more consumers bought high-end spirits and bars increased orde

Shares in Diageo, the maker of Johnnie Walker, Smirnoff, Guinness and Captain Morgan have risen by around a third over the past twelve months, even with a wobble recently. The company itself has alrea

Diageo-controlled liquor maker United Spirits Ltd on Tuesday reported a 26.62 per cent increase in consolidated net profit at Rs 291.1 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 229.9 crore in the October-December period a year ago, United Spirits Ltd (USL) said in a regulatory filing. Its revenue from operations rose 7.64 per cent to Rs 8,854.5 crore, as against Rs 8,226 crore in the corresponding period of the previous fiscal. Diageo India CEO Hina Nagarajan said, "We have delivered a strong quarter, continuing the growth momentum amidst rising inflation. The broad-based growth in the Prestige & Above segment demonstrates the strength of our portfolio and the continued agility and resilience of the team." USL''s net sales of ''Prestige & Above'' segment increased 20 per cent with strong double-digit growth in its scotch portfolio. However, its ''Popular segment'' net sales declined 1.7 per cent, while priority states were

Diageo <> has entered into an agreement for the sale of Meta Abo Brewery, its brewery in Sebeta, Ethiopia, to BGI, part of Castel Group.The sale is subject to approval by the

Diageo's (DEO) 1H22 results are expected to reflect gains from robust consumer demand and the off-premise channel's strength. Inflationary pressures and supply-chain woes are likely to have hurt.

Last week, and once again on Monday, investors showed a large degree of risk-off panic as the Treasury market saw some serious selling and interest rates went higher across all maturities.

Diageo (DEO) is poised to benefit from improving consumer demand trends. Its efforts to expand the digital business and investments in RTDs bode well.

CIO, DEO, and IBKR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 7, 2022

AN, USAK, RCMT, AVGO, and DEO have been added to the Zacks Rank #1 (Strong Buy) List on January 7, 2022.

Diageo plc - ADR (DEO) shares closed today at 1.7% below its 52 week high of $223.14, giving the company a market cap of $127B. The stock is currently down 0.3% year-to-date, up 39.8% over the past 12 months, and up 131.3% over the past five years. This week, the Dow Jones Industrial Average fell 0.2%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 16.5% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -135.2% The company's stock price performance over the past 12 months beats the peer average by 384.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 21.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.