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Diageo mulls sale of Pimm's
Proactive Investors· 2024-02-22 15:34
Pimm's, the classic English summer drink, has been put up for sale by its owner Diageo PLC (LSE:DGE), along with two other brands. The FTSE 100 drinks giant has hired bankers at Rothschild to explore the sale, with Diageo having owned the gin-based fruity liqueur since its inception back in 1997. Despite the sales process being launched, insiders note that it's still at a preliminary stage and a sale isn't necessarily certain. The punch ingredient is well known for its association with the Wimbledon tennis ...
Captain Morgan Sliced Makes a Flavorful Splash with New Cocktail-Inspired Ready-to-Drink Beverages
Prnewswire· 2024-02-22 15:00
Best enjoyed chilled from the can, Captain Morgan Sliced offers four delicious malt-based flavors inspired by classic cocktails that will take your taste buds on an adventure: Pineapple Daiquiri Style Beverage, a zesty malt-based take on an island classic that combines the flavors of zesty lime and ripe, juicy pineapple. A berry twist on America's favorite cocktail, Strawberry Margarita Style Beverage fuses the flavors of zesty lime and sweet strawberry. A tropical sensation, Passionfruit Hurricane Style B ...
Mothers Against Drunk Driving® (MADD) and Diageo North America Kick Off Partnership to Tackle Impaired Driving in the U.S.
Businesswire· 2024-02-08 13:00
WASHINGTON--(BUSINESS WIRE)--Mothers Against Drunk Driving® (MADD) and Diageo North America have agreed to a new partnership to collaborate on public awareness and education campaigns aimed at ending drunk driving. In late 2023, MADD created the MADD Network, a first-of-its-kind campaign that aims to unite diverse supporters of MADD who share the commitment of creating a future of No More Victims. Diageo, which has a proven track record of effective programming to prevent impaired driving, is an inaugura ...
Bulleit Frontier Whiskey unveils Bulleit American Single Malt
Prnewswire· 2024-02-07 14:33
With a recycled glass bottle, Bulleit American Single Malt pays homage to the brand's commitment to innovation and sustainabilityLOUISVILLE, Ky., Feb. 7, 2024 /PRNewswire/ -- Today, Bulleit Frontier Whiskey is announcing its entry into the rapidly growing American Single Malt category with the launch of Bulleit American Single Malt; a new and permanent addition to its family of whiskeys.Distilled with a mash bill of 100% malted barley and aged in charred new American white oak barrels, Bulleit American Sing ...
BOLD FLAVORS, UNLIKELY DUOS: NEW SMIRNOFF SMASH VODKA SODA BRINGS AN UNEXPECTED PICKLEBALL SMASHUP TO THE VEGAS STRIP
Prnewswire· 2024-02-06 20:33
The Official Vodka Sponsor of the NFL will host the first-ever Smirnoff SMASH Pickle Bowl, serving up America's new favorite sport, pickleball, with an unexpected twist featuring some of the biggest names in their respective games and hosted by television host, journalist and cultural commentator Speedy Morman: An iconic melody of flavors, TEAM WATERMELON LIME: Award-winning recording artist Saweetie and pop icon Lance Bass Standing on business, TEAM RASPBERRY PEACH: NFL Legend Vernon Davis and NFL comment ...
Pitney Bowes Announces Continued Refreshment of its Board of Directors
Businesswire· 2024-01-31 22:38
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Mary J. Guilfoile will step down as Chair and retire from the Board of Directors (the “Board”) following the 2024 Annual Meeting of Stockholders (the “Annual Meeting”). The Board will elect a new Chair following Ms. Guilfoile’s retirement. Additionally, the Company announced the addition of tw ...
Diageo (DEO) 1H24 Sales & Earnings Decline Y/Y, View Bleak
Zacks Investment Research· 2024-01-31 17:21
Diageo plc (DEO) reported interim results for the first half of fiscal 2024, ended Dec 31, 2023, wherein pre-exceptional earnings per share declined 7.1% year over year to $1.081. This was backed by soft sales, lower organic operating profit and higher finance charges, offset by reduced taxes, higher income from associates and joint ventures, and the impacts of share buybacks.On a reported basis, net sales declined 1.4% year over year, driven by unfavorable currency impacts and an organic sales decline. Org ...
Diageo(DEO) - 2024 Q2 - Earnings Call Presentation
2024-01-30 21:23
Source: Diageo Resilience from our diversified footprint Latin America North America Diageo Diageo Europe Asia Pacific and Caribbean Africa (NAM) Cautionary statements concerning forward-looking statements and non-GAAP financial measures Forward-boking stotements involve risk and uncertainly because they relote on circumstonces that will accur in the future. There cne on umber of bactors that could ocuse difier materidly from those expressed on implied by these forward docking atabenents, induding doctos th ...
Diageo(DEO) - 2024 Q2 - Earnings Call Transcript
2024-01-30 21:14
Diageo PLC (NYSE:DEO) Q2 2024 Earnings Conference Call January 30, 2024 12:45 PM ET Company Participants Debra Crew - CEO Lavanya Chandrashekar - CFO Conference Call Participants Debra Crew Good morning, everyone. Thank you for joining our results presentation for the first half of fiscal '24. As we shared in November, we expected that the first half of fiscal '24 was going to see slower growth than the second half of fiscal '23, due to materially weaker performance in LAC, our Latin American Region, which ...
Diageo Shares Fall 4% As Latin And Caribbean Weakness Dents Sales
Forbes· 2024-01-30 09:49
Photo by Brian Ach/Getty Images for Diageo Beer Company USAGetty Images for Diageo Beer Company USADiageo’s share price dropped again as the drinks manufacturer reported continued stress in its Latin America and Caribbean (LAC) territory in its half-year update.At £27.30 per share, the FTSE 100 company was trading 3.8% lower in Tuesday business.Reported net sales dropped 1.4% during the six months to December, to $11 billion, while on an organic basis sales reversed 0.6% year on year.LAC sales slumped 18% a ...