Diageo(DEO)

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Blade and Bow Re-Releases 22-Year-Old Kentucky Straight Bourbon Whiskey
Prnewswire· 2024-10-03 14:15
Core Insights - Blade and Bow has re-released its ultra-premium 22-Year-Old Kentucky Straight Bourbon Whiskey at the historic Stitzel-Weller Distillery, available in limited quantities starting this month [2][3] - The bourbon is celebrated for its complexity and rich flavor profile, which includes notes of baked orchard fruit, warm vanilla, and spiced honey, reflecting Kentucky's bourbon tradition [3][4] - The limited availability of the 22-Year-Old bourbon creates high demand, with no guaranteed timeframe for its accessibility [4] Product Details - The 22-Year-Old bourbon features a fragrant aroma with notes of toasted oak, vanilla bean, fig, and caramel, offering a sweet and smoky flavor [5] - Consumers can experience the bourbon year-round at The Garden & Gun Club at the Stitzel-Weller Distillery, which includes a tasting experience with a handcrafted glass and tasting notes guide [5] - Blade and Bow whiskey honors the craftsmanship of the Stitzel-Weller Distillery and is available in two variants: the standard Kentucky Straight Bourbon and the limited release 22-Year-Old [7]
Diageo Completes Sale of Its Guinness Nigeria Share to Tolaram
ZACKS· 2024-10-01 15:16
Core Viewpoint - Diageo plc has completed the sale of its 58.02% shareholding in Guinness Nigeria PLC to Tolaram, aligning with its growth ambitions and asset-light operating model [1][2][3]. Group 1: Transaction Details - The sale was announced on June 11, with Tolaram purchasing shares at a price of 81.60 NGN per share [3]. - Tolaram, a major consumer packaged goods company, will manage the production and distribution of Guinness in Nigeria under a license and royalty agreement [3]. Group 2: Strategic Initiatives - Diageo aims to achieve $2 billion in productivity savings from fiscal 2025 to fiscal 2027, building on $0.7 billion in savings realized in fiscal 2024 [4]. - The company is focusing on enhancing its product portfolio and supply-chain agility to support growth despite soft volume [5]. Group 3: Financial Performance - Diageo has seen a 13.3% increase in share price over the past three months, outperforming the industry average growth of 11% [5]. - The growth in price/mix has been driven by price increases across all regions, contributing positively to the company's financial performance [5].
Guinness Owner Says Spirits 'Growth Will Return' as Consumer Environment Improves
Investopedia· 2024-09-26 17:30
Key Takeaways Diageo CEO Debra Crew signaled that alcohol sales growth will return as the consumer environment improved. The company posted underwhelming results last quarter due to a weak North American environment. Diageo's U.S.-listed shares rose Thursday but remain down for the year so far. The owner of liquor brands like Guinness, Crown Royal and Johnnie Walker saw its shares rise Thursday on optimism that a bleak consumer spending environment may be improving. Diageo (DEO) CEO Debra Crew said in a sta ...
Diageo Offers A Decade-High Yield, Yet Growth Lags
Seeking Alpha· 2024-09-23 21:45
Diageo plc (NYSE: DEO ) is a global leader in spirits and one of the most reliable dividend payers on the FTSE 100. In recent years, it has seen its stock price suffer a prolonged decline, down nearly 40% from He is a contributing author to the investing group Wheel of Fortune where they share actionable trading ideas across all asset-classes, sectors and industries. The goal of the service is to provide a one-stop-shop for investment and portfolio ideas, while educating the vibrant community of subscribers ...
Diageo Stock Slides 8% YTD: A Buy Opportunity or Time to Exit?
ZACKS· 2024-09-18 15:06
Diageo (DEO) shares have portrayed a dismal performance on the bourses since the start of 2024. The stock pullback stems from the troubles faced in the company's key markets, including the Latin America and Caribbean (LAC) and North America. The gloomy outlook for these segments has hurt investors' sentiments for the stock. Shares of this London-based alcohol company have lost 8.4% in the year-to-date period compared with a 7.2% decline in the broader industry and 10.9% growth in the Consumer Staples sector ...
Ketel One Family Made Vodka is the World's First Spirits Brand to Implement Accessible QR Codes on Packaging
Prnewswire· 2024-09-17 12:15
Set to be on shelves this month, the AQRs will be found on Ketel One Vodka's bottled Espresso Martini and Cosmopolitan products from The Cocktail Collection. These new enhanced QR codes can be detected by classleading accessibility apps such as Microsoft Seeing AI, Be My Eyes and Envision. When a user who is blind or has low vision scans the AQR code on product, they unlock distance detection and access to product information. Upon scanning, the user's phone announces the product category and its physical d ...
10 Days, 250 Bars, Endless Espresso Martini Possibilities: Mr Black Espresso Martini Fest is Back
Prnewswire· 2024-09-16 12:15
Core Insights - The Mr Black Espresso Martini Fest is returning for its third year, taking place from September 19 to 29, 2024, featuring over 250 bars nationwide showcasing various Espresso Martini creations [1][2][6] Industry Trends - The Espresso Martini has gained significant popularity, becoming one of the top ten cocktails served on-premise in 2022, with orders nearly doubling by mid-2023 and an 11% quarterly growth rate [2] - As of September 2023, the Espresso Martini has experienced a 50% growth compared to the previous year, surpassing the Old Fashioned to become the fourth most popular cocktail in the U.S. [2] Event Highlights - The festival will feature acclaimed bars from major cities like New York, Los Angeles, Austin, and Miami, each selected for their commitment to quality and innovation [3] - Participating venues will offer a diverse range of Espresso Martinis, from traditional to inventive variations, highlighting the drink's versatility [3][4] Product Information - Mr Black Cold Brew Coffee Liqueur, made from specialty-grade Arabica beans, is the key ingredient in the festival, known for its rich coffee flavor and smooth finish [4][9] - The suggested retail price for a 750ml bottle of Mr Black Cold Brew Coffee Liqueur is $29.99 [8] Consumer Engagement - The festival will provide opportunities for bartenders to demonstrate their skills through special events, tastings, and demonstrations, enhancing consumer engagement with the cocktail-making process [5][6] - Consumers aged 21 and over are encouraged to participate in the festival, with details available on the Mr Black Espresso Martini Festival Hub [7]
CHURROS, BUT SIPPABLE! INTRODUCING THE LIMITED-EDITION BAILEYS CINNAMON CHURROS IRISH CREAM LIQUEUR, A NEW WAY TO ENJOY CHURROS
Prnewswire· 2024-09-03 14:56
The perfect indulgence that brings everyone together, so Don't Churro Solo! NEW YORK, Sept. 3, 2024 /PRNewswire/ -- Churros are that one treat where 'just one more' is always the rule, never the exception. Bringing a new way to indulge in the deliciousness, Baileys is reinventing the classic pastry and transforming it from something you can dip to something you can sip. Come on a flavor journey with the new Baileys Cinnamon Churros Irish Cream Liqueur – a tantalizing blend of smooth Irish Cream, Irish Whisk ...
Diageo: Fundamentally Conservative, With A Well-Covered Dividend
Seeking Alpha· 2024-09-02 15:30
FocusEye/E+ via Getty Images Dear subscribers, Sometimes you can't help being thrilled about some of the drops you see on the market. This is one of those times. If you follow my work, you know that I've already established a large position (and growing) in the British company Diageo - a distiller/vintner with a world-leading position in certain key areas. I have been expanding my Diageo (NYSE:DEO) position for a number of months at this point. I started investing when I believed the company to be cheap, bu ...
Diageo: Current Macro-Environment Creates Headwinds; Long-Term Prospects Remain Bright
Seeking Alpha· 2024-08-23 08:41
- 10 0.0 11 11 BalkansCat Investment Thesis Diageo (NYSE:DEO) remains a strong player in the alcoholic beverages industry despite facing near-term challenges, including weaker-than-expected H2 2024 results due to FX impacts, lower average selling prices, and moderate global consumer demand. While the company has revised down its revenue and EBITDA forecasts for 2025, its strategic focus on premiumization and brand promotion in growth markets like Asia positions it well for future profitability. Additionally ...