Diageo Shows Progress, But U.S. Results Show It Is Too Early to Call a Total Recovery -- Market Talk

Dow Jones
05/06

0712 GMT - Diageo's results showed it did well in Europe, Latin America and Africa, but the U.S. results show things aren't fully on the mend, RBC Capital Markets analysts say in a note. "Given the importance of the U.S. to Diageo, it would be flippant to argue that things are on the mend yet," the analysts say. However, Chief Executive Officer Dave Lewis did say that actions were under way to address North America, which is notable, they say. Shares are up 4.9% at 15.48 pounds. (aimee.look@wsj.com)

 

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May 06, 2026 03:12 ET (07:12 GMT)

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