Diageo set for first post-Covid sales decline

By Reuters

Jul 30, 2024 12:07 am

LONDON/MEXICO CITY — Diageo is set to post its first yearly sales decline since 2020 next week, when it needs to convince investors that plans to turn around its North American and Latin American businesses are showing progress.

The world's top spirits maker has come under pressure following a profit warning last November in Latin America and the Caribbean, which shook investor confidence in its management.

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