Diageo Blows Past Sales Estimates While Leaning Into Premiumization, RTDs - News Summed Up

Diageo Blows Past Sales Estimates While Leaning Into Premiumization, RTDs


Johnnie Walker, made by Diageo Plc, accounts for about one in every 10 bottles of Scotch consumed ... [+] across the world. The spirits giant reported a topline organic sales growth of 16% over year ending June 30. Cash flow generation thrived, jumping from £1.4 billion ($1.95 billion) to £3.0 billion ($4.19 billion). Diageo, the world’s largest liquor maker, reported pretax profits of $5.16 billion (3.71 billion pounds) for the year ending June 30. “We're now 41% of the group’s overall top-line performance,” describes North American president Debra Crew in a Zoom interview.


Source: Forbes July 29, 2021 20:03 UTC



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