Diageo(DEO)

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Buchanan's Scotch Whisky Pledges $150,000 From its 200% Futuro Fund to Create Más Noches Buenas for 200% Foodservice Workers This Holiday Season
Prnewswire· 2024-12-04 16:49
A continuation of the 'We Are the Spirit of the 200%' Campaign, Buchanan's 'Más Noches Buenas' campaign, featuring Marcello Hernández, invites fans to embrace the 200% holiday spirit with a series of festive events, digital content and funding opportunities for those who bring more to our tables to share in the spirit they help create.NEW YORK, Dec. 4, 2024 /PRNewswire/ -- On Giving Tuesday, Buchanan's Scotch Whisky Buchanan's Scotch Whisky announced the "Más Noches Buenas" campaign, inviting fans to embrac ...
Diageo, MADD, the NFL and Uber Team Up to Launch "Take a Minute. Make a Plan.
Prnewswire· 2024-12-02 16:08
Unveiled during National Impaired Driving Prevention Month, the new campaign encourages football fans to make responsible choices and plan to never drive impairedNEW YORK, Dec. 2, 2024 /PRNewswire/ -- Premium drinks company Diageo North America, Mothers Against Drunk Driving (MADD), the National Football League (NFL), and Uber Technologies, Inc. join forces in a unique partnership to launch "Take a Minute. Make a Plan." Football games provide fans with unforgettable moments of celebration, but planning to n ...
DELEÓN Tequila Unveils Its New Campaign and Brand Platform, "Bold Spirits, Rise"
Prnewswire· 2024-11-20 17:16
Celebrating the power of community and opening the space for bold spirits to create and inspire together.NEW YORK, Nov. 20, 2024 /PRNewswire/ -- Today, DELEÓN Tequila is launching its new campaign "Bold Spirits, Rise" celebrating those who embrace their creative drive (or spirit) and inspire others to do the same. Through the "Bold Spirits, Rise" platform, DELEÓN will open doors – giving rising talent a space to connect, collaborate, and showcase their creativity on the main stage through music and dance. W ...
Diageo: No Path For Market-Beating Returns
Seeking Alpha· 2024-11-19 16:09
If there's one group of people that could use a drink, it's Diageo plc's (NYSE: DEO ) investors, who have seen the alcohol giant's shares plummet in a year that the market is up about 25%.I aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates.I manage a concentrated portfolio target ...
Diageo: Ongoing Challenges, But It Is Still Cheap
Seeking Alpha· 2024-11-08 23:29
Diageo plc (NYSE: DEO )( OTCPK:DGEAF ) strongly focuses on the spirit category. While the thesis is that there should be a long-term trend towards more premium and metropolitan alcohol consumption, particularly in the West, it is expected toBuy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they ...
Diageo Stock Declines 8% in a Month: What Should Investors Do Next?
ZACKS· 2024-11-04 19:35
Core Viewpoint - Diageo's stock has declined 8% over the past month, underperforming the beverage industry and the S&P 500, reflecting both macroeconomic challenges and company-specific issues [1] Company Performance - The current stock price of Diageo is $124.21, close to its 52-week low of $119.48, leading to investor uncertainty about whether to hold or sell [2] - Diageo's stock has fallen below critical technical thresholds, including the 50 and 200-day moving averages, raising concerns about its short-term outlook [3] Industry Challenges - Fiscal 2024 has been difficult for the beverage industry, with Diageo facing challenges particularly in the Latin America and Caribbean regions, notably in Mexico due to intense competition and consumer downtrading [4] - The North America segment has seen a decline in organic net sales due to a cautious consumer environment and adjustments in retailer inventories, contributing to a 3.5% drop in group organic volume [5] Cost Pressures - Diageo is experiencing significant inflationary pressures from rising commodity costs, including agave and energy expenses, alongside supply-chain disruptions [6] Valuation Metrics - Diageo's forward 12-month price-to-earnings ratio is 17.9X, higher than the industry's 16.41X, indicating that investors may be paying a premium relative to expected earnings growth [7] Earnings Estimates - The Zacks Consensus Estimate for Diageo's EPS has been revised downward, with current and next fiscal year estimates decreasing by 1.3% to $6.88 and 1.8% to $7.06 per share, respectively [9] Strategic Outlook - Despite current challenges, Diageo is focused on investing in its brand portfolio and operational excellence strategies to capitalize on future growth opportunities [9][10] - The company aims for organic sales growth of 5-7% and operating profit growth in line with net sales growth for fiscal 2023-2025 [10] Financial Health - Diageo reported strong operating cash flow of $4.1 billion, a year-over-year increase of $469 million, and free cash flow of $2.6 billion, up $374 million from the previous year [11] - The company raised its full-year dividend by 5% to 103.48 cents per share, reflecting confidence in its financial health [12]
Ketel One Family Made Vodka Taps Patrick Schwarzenegger to Serve as First Ever "Spirit Advisor" this Holiday Season
Prnewswire· 2024-10-30 16:00
The actor steps into next role as the steward of exceptional holiday moments in an exclusive collaboration with the iconic vodka brand NEW YORK, Oct. 30, 2024 /PRNewswire/ -- Known for toasting moments of celebration and making occasions remarkable, Ketel One Family Made Vodka is excited to announce actor and entrepreneur, Patrick Schwarzenegger as the brand's very first "Spirit Advisor," this holiday season. Through a multi-platform campaign including engaging social media content and exciting seasonal coc ...
DIAGEO CHAMPIONS THE NEXT GENERATION OF LEADERS IN PARTNERSHIP WITH HBCUs
Prnewswire· 2024-10-18 12:01
Diageo's "Show Your HBCU Spirit" Initiative Announces Homecoming & Classic Activations and Continues its Ongoing Scholarship Distributions NEW YORK, Oct. 18, 2024 /PRNewswire/ -- Diageo North America continues to celebrate Historically Black Colleges and Universities (HBCUs) with unique and engaging activations at Homecomings and Classics throughout the 2024 fall season. Together with its brands Casamigos, Crown Royal and Guinness, Diageo is honoring HBCU culture and the longstanding traditions of Homecomin ...
Glass Packaging Market Report 2024-2034 - Diageo Aiming to Replace Single-Use Glass Bottles and Potentially Eliminate up to 1,000 Bottles Over Their Lifespan
GlobeNewswire News Room· 2024-10-17 15:40
Market Overview - The global revenue for the Glass Packaging Market is projected to exceed US$67.7 billion in 2024 [1] Collaboration and Partnerships - Collaboration and partnerships among market players are significant for growth, allowing companies to leverage strengths and resources for innovation and market expansion [2] - Partnerships can enhance sustainability by improving recycling rates and accessing advanced technologies [3] - Diageo's partnership with ecoSPIRITS aims to replace single-use glass bottles, potentially eliminating up to 1,000 bottles over their lifespan, highlighting a commitment to sustainable packaging [4] Market Challenges - The glass packaging market faces challenges from the rising demand for paper packaging, driven by consumer preferences for environmentally friendly options [5] - Regulatory pressures promoting recyclable materials are benefiting paper packaging, which is perceived as more eco-friendly compared to glass [6] Market Dynamics - Key driving factors include increasing recycling rates, rising demand in healthcare and cosmetics, and growing consumption of alcoholic and non-alcoholic beverages [7] - Restraining factors include the growing demand for paper packaging and rising cost pressures [7] - Opportunities exist in new technologies, collaborations, and product expansions [7] Segmentation - The report covers various segments including sales channels (online and offline), capacity (small, medium, large), type (silica, lime, Pyrex, other), product type (bottles, jars, flacons, vials), and end-use industries (food & beverage, pharmaceuticals, cosmetics, chemicals, household) [8] Leading Companies - The report profiles leading companies in the Glass Packaging Market, including Acme Vial and Glass Company, Amcor plc, Beatson Clark Ltd, and Becton, Dickinson and Company [8][9]
Diageo's Problems And Valuation
Seeking Alpha· 2024-10-08 16:09
TBA (Total Beverage Alcohol) and Spirits companies are currently undergoing a rough patch for many reasons. This rough patch has made investors worry about a potential terminal decline in the category , similar to what happened to tobacco Leandro is the leader of investing group Best Anchor Stocks and along with Kris, they offer research on quality growth stocks with lower volatility in the form of regular stock picks, real money and model portfolios, news of the week, watchlists, webinars, and daily chat. ...