Diageo Has a U.S. Issue, AJ Bell Says -- Market Talk

Dow Jones
05/06

0926 GMT - Diageo's U.S. performance is a big problem, Dan Coatsworth, markets head at AJ Bell, says after the world's biggest spirits group booked a sharp decline in sales in the key American market for its most recent fiscal quarter. The result could have been even worse without large-scale stocking ahead of the soccer world championship this summer, Coatsworth writes in a note to investors. "Without that boost, the region's showing could have been truly miserable," he says. "Diageo has a major problem on its hands." (joshua.kirby@wsj.com; @joshualeokirby)

 

(END) Dow Jones Newswires

May 06, 2026 05:27 ET (09:27 GMT)

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