Diageo Shows Progress, But U.S. Results Show It Is Too Early to Call a Total Recovery -- Market Talk
Dow Jones05-06
0712 GMT - Diageo's results showed it did well in Europe, Latin America and Africa, but the U.S. results show things aren't fully on the mend, RBC Capital Markets analysts say in a note. "Given the importance of the U.S. to Diageo, it would be flippant to argue that things are on the mend yet," the analysts say. However, Chief Executive Officer Dave Lewis did say that actions were under way to address North America, which is notable, they say. Shares are up 4.9% at 15.48 pounds. (aimee.look@wsj.com)
(END) Dow Jones Newswires
May 06, 2026 03:12 ET (07:12 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments