Diageo: Not As Bad As It's Made Out To Be
DEODiageo(DEO) Seeking Alpha·2024-03-16 20:42

Rodin Eckenroth/Getty Images Entertainment Underwhelming Performance The ADR of Diageo, PLC (NYSE:DEO), one of the top three players in the total beverage market, and the leader in the International Spirits category has proven to be a disappointment of sorts off late. Over the past 6 months, whilst other global consumer staple stocks have managed to eke out steady returns of over 3% on average, DEO has lost ground, giving up 6% of its value. YCharts A Few Concerns To get some sense of the underperformance, ...