Diageo's US problems temper sales boost from Guinness, World Cup - Reuters
Diageo's US problems temper sales boost from Guinness, World Cup Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
All Coverage
<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxQQmJvLVU5TlN4VU1xNDVtUHlrRm85bHQ3Q0d3SWNCSHQ1TWx5RHNvckJUZHR3WUhpMkdUWHdFdWFsQnF4aDdEZTM2Qmh3S0tMVWVNU2xxTzlXOUFENHpyOExfZk5FRHRtV2psT2hkd1lWSy1zNzMyUFZBZ3JCMDVfVndhMFd5MEF3NDhtd3kyODBDUTRpYUJxdFczSmtRWUs2djdwVHVRR2tXQ3ZkZGdJRGFzM0o2a29IXzZz?oc=5" target="_blank">Diageo's US problems temper sales boost from Guinness, World Cup</a> <font color="#6f6f6f">Reuters</font>
Diageo's North American sales declined by 9.4% in Q3, with U.S. spirits sales down 15.4%, attributed to competitive pressures and market softness.
Diageo's stock has declined nearly 30% over the past year, facing challenges in the U.S. market and declining spirits demand globally.
Diageo's sales grew by 0.3% in Q3, driven by strong Guinness demand in Britain and Ireland and pre-World Cup stockpiling in Latin America and the Caribbean.
Diageo's sales rose 0.3% in Q3, with growth in Africa and Latin America offsetting significant weakness in the U.S. market.
Similar Stories
Related coverage based on topic and tags
Business Daily
Guinness owner Diageo launches a reset after profits fall and shares slide
August 12, 2026 at 08:30 PMDiageo agrees to reformulate India whisky, rum drinks after flavouring breach, sources say - Reuters
Diageo agrees to reformulate India whisky, rum drinks after flavouring breach, sources say Reuters
August 17, 2026 at 03:41 PMTreasury Wine swings to annual loss on US woes; shares whipsaw - Reuters
Treasury Wine swings to annual loss on US woes; shares whipsaw Reuters
August 12, 2026 at 11:16 PMUK GDP bounced in June, helped by Gulf ceasefire, World Cup and sunshine - Reuters
UK GDP bounced in June, helped by Gulf ceasefire, World Cup and sunshine Reuters
August 13, 2026 at 06:37 AMBoeing's Wisk sale unlikely to kick off another divestment round - Reuters
Boeing's Wisk sale unlikely to kick off another divestment round Reuters
August 14, 2026 at 04:04 PMUS, Indian fuel exporters profiting from supply uncertainty during wars - Reuters
US, Indian fuel exporters profiting from supply uncertainty during wars Reuters
August 19, 2026 at 11:53 AM