The company’s cost-saving effort involves some job cuts as it navigates trade disputes and a slowdown in alcohol consumption.

DEO posts a y/y decline in earnings and sales in FY25, citing weak volumes in key markets and warns of continued headwinds in ...

Diageo forecast flat full-year sales on Tuesday, despite a $200 million impact from tariffs, helping reassure investors after ...

Diageo, which has come under pressure from investors to cut costs and reduce debt, also said it was adding $125mn to its cost ...

Diageo reported a smaller than expected fall in annual profit on Tuesday and said it expected to have a permanent new CEO by ...

CNBC's Karen Gilchrist discusses Diageo's full year results as it flags a $200 million annual tariff hit and further ...

Diageo shares climbed in early Tuesday trade as investors digested the drinks maker's earnings report. CNBC's Karen Tso dives ...

Diageo is now looking to achieve around $625m in cost savings in the next three years as part of the drinks giant's bid to ...

Diageo (NYSE:DEO) targets $125M in additional cost savings to combat macroeconomic pressures and boost shareholder returns.

Diageo’s latest earnings offer a crucial lesson. While traditional Scotch is struggling, the booming success of Crown Royal ...

Diageo has announced a significant increase in its cost savings target as part of its ongoing Accelerate programme, now ...

Diageo posts better-than-expected FY2025 earnings and holds sales forecast flat, easing investor jitters amid CEO transition ...