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Down 53% since 2021, but might beaten-down Diageo shares be ready for a roaring comeback in the FTSE 100 over the next five years? The post Here’s what £5,000 invested in Diageo shares could be worth in 12 months appeared first on The Twelfth Magpie.

A chartered accountant who is also a KPMG alum, Joanne Wilson won’t take Diageo’s CFO seat until next year, the company said.

Detailed price information for Anheuser-Busch Inbev S.A. ADR (BUD-N) from The Globe and Mail including charting and trades.

Jefferies has urged investors to buy any weakness in Diageo PLC (LSE:DGE) shares, arguing the market is likely to take the departure of its finance chief negatively but that it changes little for the drinks group's turnaround. The broker reiterated a "buy" rating and a 2,200p price target on...

CEO Sir Dave Lewis said now “is the right time for this change” as Nik Jhangiani set to depart as finance chief in new year.

Diageo (DEO) has named Joanne Wilson as its next chief financial officer, with Wilson expected to jo

Drinks group’s chief Dave Lewis appoints former Tesco colleague Joanne Wilson

Diageo PLC (LSE:DGE) has appointed WPP PLC (LSE:WPP) chief financial officer Joanne Wilson as its new CFO, with Wilson set to join the drinks group’s board and executive committee in 2027. She will replace Nik Jhangiani, who joined Diageo from Coca-Cola Europacific Partners in September 2024...

Diageo (LSE:DGE) brand Johnnie Walker has released a limited edition Black Label bottle created with pop artist Sabrina Carpenter. The special release coincides with Carpenter's new album and aligns with her ongoing ambassador role for the whisky label. The collectible bottle is being promoted alongside the artist's global tour, targeting fans through music themed branding and packaging. This Sabrina Carpenter Johnnie Walker Black Label tie up is only one element of what is changing around...

Unite union says staff at Cameronbridge in Scotland to walk out in protest against hundreds of planned job cuts in country

The Unite union has published the plans for industrial action at the spirits group’s distillery in Cameronbridge in Scotland.

Unite members are set to take action at the Cameronbridge distillery in Fife as part of a dispute over jobs.

Workers at Diageo’s Cameronbridge distillery in Scotland have voted to strike in a dispute over proposed job cuts, pay and working conditions, according to the Unite union. About 100 Unite members at the distillery backed industrial action. The union said strike dates will be announced in the coming days and warned the action could significantly […]

Diageo’s move to offload its stake in East African Breweries, announced in December, has cleared an important hurdle.

Kenya has cleared Asahi’s $2

As the trade war between the U.S. and Canada rages on, this alcoholic staple from our northern neighbors seems to be safe from a new Trump-issued ban.

Diageo shares are falling again and the news is dire for JD Sports Fashion too. Why are these FTSE 100 stocks struggling, and can they fight back? The post What on earth’s going on with JD Sports and Diageo shares? appeared first on The Twelfth Magpie.

Diageo is eliminating 305 jobs at its North American headquarters in New York as CEO Sir Dave Lewis moves forward with a major restructuring of the spirits giant. The permanent layoffs are scheduled to take effect Sept. 30, according to a WARN notice filed by the company. Diageo cited economic reasons for the cuts. The […]

Diageo shares keep climbing despite weak results and a dividend cut. Mark Hartley digs deeper in an effort to understand the unusual behaviour. The post Against all odds, Diageo shares are up 22%. Are they finally on the road to recovery? appeared first on The Twelfth Magpie.

Diageo shares are on the up and up! But what would the returns be for an investor who bought in at the bottom back in April? The post £9,999 invested in Diageo shares 5 months ago is now worth… appeared first on The Twelfth Magpie.

Diageo (LSE:DGE) is cutting 305 roles at its North America headquarters as part of a new cost saving and turnaround plan under its recently appointed CEO. The reduction in headcount is described by the company as a material change in its largest market rather than routine cost trimming. Management has framed the move as an effort to reshape Diageo's operating model and support its wider turnaround vision. This kind of restructuring is not unique to Diageo, so it can be useful to compare it...

Diageo (LSE:DGE) has overhauled its long term incentive plan, reducing ESG metrics in management bonuses and instead focusing on earnings per share, cumulative cash flow and adjusted return on invested capital from the 2027 financial year. Set against a 1-day share price decline of 1.57% and a 7-day share price return down 2.06%, Diageo’s 30-day and 90-day share price returns of 1.90% and 11.47% suggest improving short term momentum, although the 1-year total shareholder return down 14.76%...

The Johnnie Walker distiller has already reduced its workforce by almost 2,000 people in its last financial year.

Diageo introduced ESG performance metrics into its long-term incentive scheme six years ago.

Diageo shares having inflicted a world of pain on Harvey Jones and plenty of other investors too. What will it take for them to slot into recovery mode? The post After crashing by half, are Diageo shares finally due an almighty comeback? appeared first on The Twelfth Magpie.

In its Annual Report 2026 released on August 18, Diageo plc (NYSE:DEO) revealed that it had an average of 27,938 full-time employees by the end of June, indicating a decline of more than 6% from the 29,860 workers a year ago. The cuts are part of the company’s new CEO Dave ​Lewis’ broader restructuring efforts, […]

Harvey Jones runs the rule over two troubled FTSE 100 giants, to work out whether BT shares have more to offer investors than Diageo. The post Which offers better value today: Diageo or BT shares? appeared first on The Twelfth Magpie.

Diageo PLC (LSE:DGE) has retained an 'Outperform' rating from RBC Capital Markets, with the broker maintaining its £20 price target as it backed chief executive Sir Dave Lewis’s turnaround strategy. RBC said the plan unveiled at Diageo’s August 6 Capital Markets Day was credible despite...

Diageo's (DEO) plan to revive sales growth through cost savings and a comprehensive retooling of the

Diageo (LSE:DGE) has moved into the spotlight after its Crown Royal brand launched a limited edition collaboration with Juicy Couture that links flavored whiskies to Y2K themed fashion items and packaging. See our latest analysis for Diageo. After a tough multi year run in which Diageo’s 5 year total shareholder return declined 43.86%, the recent 30 day share price return of 9.95% and £17.235 latest share price suggest improving short term momentum. Cost cuts, earnings updates and brand...

Diageo’s share price has fallen roughly 44% over the past five years, yet a Discounted Cash Flow (DCF) estimate currently points to the stock trading at a sizeable discount to its intrinsic value, while broader valuation checks paint more of a mixed picture than a clear bargain. The roughly 43.9% share price decline over five years suggests investors have marked Diageo down heavily relative to its past positioning. The new cost cutting program under CEO Sir Dave Lewis can support margins and...