0757 GMT - Diageo's move to cut its dividend doesn't look good, but its new CEO Dave Lewis was brought in to make tough decisions, says Robinhood U.K. analyst Dan Lane. The London-listed booze giant needs to regain its footing, and that might be worth some short-term pain, he adds. The analyst says that there might be a few upcoming reviews of business units, and that cost control is key. Underperforming brands might be chopped, he adds.(aimee.look@wsj.com)
(END) Dow Jones Newswires
February 25, 2026 02:59 ET (07:59 GMT)
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