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Has a reality check on the so-called ‘premiumisation' trend in the beverage sector caused British multinational alcoholic drinks supplier Diageo PLC (LSE:DGE) to become one of the worst FTSE 100 performers over the past 12 months? Premium, or ‘reserve' brands, as Diageo has historically called them, include the likes of Johnnie Walker Blue, single malts, Don Julio tequila and Zacapa rum.

CNBC's Jim Cramer on Monday said a variety of companies won't admit they're hurting due to certain ongoing economic trends. "If companies would just own up to their changing circumstances, things would be so much easier for everybody.

Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Kirin Holdings Co. (KNBWY) or Diageo (DEO). But which of these two companies is the best option for those looking for undervalued stocks?

Not the expected quarter, but we are positive on premiumization, scale, and new markets. Good inventory levels worldwide and near-term actions to support Diageo's operating profit margin. Discount compared to the company's historical average and the Staples sector. Diageo is gaining market share with a favorable price MIX. Our buy rating is confirmed.

Diageo PLC (NYSE:DEO ) Preliminary Q4 2024 Q&A Conference Call July 30, 2024 4:30 AM ET Company Participants Debra Crew - CEO Lavanya Chandrashekar - CFO Conference Call Participants Simon Hales - Citi Edward Mundy - Jefferies Celine Pannuti - JPMorgan Mitch Colett - Deutsche Bank Olivier Nicolai - Goldman Sachs Sanjeet Aujla - UBS James Edwardes Jones - RBC Laurence Wyatt - Barclays Sarah Simon - Morgan Stanley Jeremy Fialko - HSBC Fintan Ryan - Goodbody Operator Good morning and welcome to Diageo's F24 Preliminary Results Q&A Conference Call. Your call today will be hosted by Debra, Diageo's CEO, and Lavanya, Diageo's CFO.

Diageo PLC (NYSE:DEO ) Preliminary Q4 2024 Earnings Conference Call July 30, 2024 2:15 AM ET Company Participants Debra Crew - CEO Lavanya Chandrashekar - CFO Conference Call Participants Debra Crew Good morning, everyone. Thank you for joining our Results Presentation for Fiscal '24.

Diageo's (DEO) FY24 results reflect the impacts of soft volume particularly in LAC and North America, which hurt organic sales. Soft operating profit and higher costs hurt the bottom line.

Diageo posted a decline in sales and profits for its fiscal year. Consumer demand has been weak.

Diageo (DEO) American depositary receipts (ADRs) plunged about 6% soon after the opening bell Tuesday after the alcoholic beverage giant posted a drop in its full-year sales through June, dragged lower by declines in Latin America and the Caribbean (LAC) and a weak North American market.

Diageo's CEO Debra Crew talks through the alcoholic beverage company's latest earning results.