Diageo (DEO) reported Wednesday fiscal Q3 sales of $4.48 billion, up from $4.38 billion a year earlier.
Analysts polled by FactSet expected $4.33 billion.
The company reaffirmed its fiscal 2026 organic sales guidance, projecting a decline of 2% to 3%. Analysts polled by FactSet are forecasting a decrease of about 2.3%.
Shares were 4.6% higher in premarket trade.