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Diageo Shares Plunge Most In Two Years On Weaker Guidance, Dividend Cut

Diageo Shares Plunge Most In Two Years On Weaker Guidance, Dividend Cut Shares of Diageo Plc fell the most in 2 years after the maker of Guinness beer and Johnnie Walker whiskey cut its guidance for the second time this fiscal year amid soft demand in the US and China markets. The move marks an early challenge for new CEO Dave Lewis. The British distiller now expects organic net sales to decline by 2% to 3% this fiscal year, down from previous guidance of flat to slightly down, and said it...
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Feb 20, 2026 / Tyler Durden
With Shaky Reasoning, Trump Weighs Limited Initial Strike On Iran To Force A Deal
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Feb 14, 2026 / Tyler Durden
UK's Insane New Trans Guidance Says School Kids As Young As Four Can 'Change Gender'
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Mar 11, 2026 / Connor O'Keeffe
Launching a War on Iran Was No Act of Courage
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