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News sales had enjoyed a healthy rebound across the sector in January sent shares in retailers higher on Friday. FTSE 250-listed Ocado Group PLC ticked up 3.1% to lead broad-based gains, which stretched to other mid-caps such as Pets at Home Group PLC and several blue chips.
Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Molson Coors Brewing (TAP) or Diageo (DEO). But which of these two companies is the best option for those looking for undervalued stocks?
We are still positive about Diageo. Positive price MIX evolution and gross margin up. H2 organic sales and EBIT are expected to improve, with North America showing strong innovation and LatAm having easier comps. Potential tariffs could impact US sales, but mitigation strategies and supply chain optimizations are in place to offset this.
DEO's first-half fiscal 2025 results benefit from organic sales growth across four out of five regions, offset by unfavorable currency impacts.
Inspired by the game Johnnie Walker has been associated with for over a century and timed to WM Phoenix Open, the partnership's largest drop to date celebrates the next generation of golfers and whisky drinkers NEW YORK , Feb. 5, 2025 /PRNewswire/ -- For almost 100 years, Johnnie Walker has been committed to expanding the traditions for both golf and Scotch occasions. In 1926, Johnnie Walker introduced its 'hole-in-one' program, offering a bottle to any player who had a verified shot – the beginning of the brand becoming the go-to Scotch for celebrations big and small.
Diageo PLC had divided analysts after removing medium-term guidance and flagging the potential impact of US tariffs against Canada and Mexico on Tuesday. Deutsche Bank hit the drinks maker with a ‘sell' rating following interim results, noting sales and profit had declined slower than expected over the first half to December.
Diageo plc (NYSE:DEO ) F25 Interim Results Q&A Conference Call February 4, 2025 4:30 AM ET Company Participants Sonya Ghobrial - Global Head of Investor Relations Debra Crew - Chief Executive Officer Nik Jhangiani - Chief Financial Officer Conference Call Participants Simon Hales - Citi Sanjeet Aujla - UBS Andrea Pistacchi - Bank of America Mitch Collett - Deutsche Bank Gen Cross - BNP Paribas Edward Mundy - Jefferies Celine Pannuti - JPMorgan James Edward Jones - RBC Operator Good morning and welcome to Diageo's F25 Interim Results Q&A Conference Call. [Operator Instructions].
CNBC's Brandon Gomez joins 'Squawk on the Street' with the latest details on how tariffs could impact the alcohol industry.
Jonny Forsyth, senior director of food & drink at Mintel, weighs in on Diageo's earnings and the potential impact of U.S. tariffs on the drinks industry.
Diageo plc's organic sales grew in most regions despite challenges, with notable success in tequila and Guinness brands, indicating resilient consumer demand. Investors are concerned about tariffs and declining alcohol interest among young people, but Diageo's long-term market presence and brand strength remain solid. DEO's current stock price slump may be an overreaction, presenting a potential buying opportunity given its strong fundamentals and high dividend yield.