Diageo Shares Plunge Most In Two Years On Weaker Guidance, Dividend Cut
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Source: Zero Hedge
Published: 2026-02-25 23:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, China, Tax & Budget, Asia Pacific
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Snippet:
Shares of Diageo Plc fell the most in 2 years after the maker of Guinness beer and Johnnie Walker whiskey cut its guidance for the second time this fiscal year amid soft demand in the US and China markets. The move marks an early challenge for new CEO Dave Lewis.
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