Are Diageo Shares A Buy After Their 35% Price Decline?
DEODiageo(DEO) Seeking Alpha·2024-06-15 13:20

BalkansCat Diageo (NYSE:DEO, OTCPK:DGEAF) is the world's leading producer of premium alcoholic beverages, with a portfolio of world-leading brands, including Guinness, Johnnie Walker, Smirnoff, Tanqueray, Baileys, and many more. Throughout the 21st century, Diageo has produced extremely consistent results, growing its dividend every single year, come rain, shine, global financial crises or pandemics. That's impressive, but 2024 has not gone well, with falling sales in Latin America and weak growth elsewhere ...