0752 GMT - Diageo's strong sales growth in Latin America--which was driven by Brazil sales--is a bright spot, as other booze-makers continue to struggle in the region, RBC Capital Markets analysts James Edwardes Jones and Wassachon (Fon) Udomsilpa write in a note. The U.K. company's organic sales results were better than expected, especially in the U.S., but it was interesting to see the company lower its expectations for the year, the analysts say. Diageo reduced its 2026 fiscal year organic sales growth views to between flat to slightly down, having previously expected similar growth to fiscal 2025, or 1.7%. It cited a weaker U.S. consumer environment and lower performance of Chinese white spirits for the adjustment.(aimee.look@wsj.com)

(END) Dow Jones Newswires

November 06, 2025 02:53 ET (07:53 GMT)

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