Diageo (DEO)
(Delayed Data from NYSE)
$148.74 USD
-0.68 (-0.46%)
Updated Mar 28, 2024 04:00 PM ET
After-Market: $148.72 -0.02 (-0.01%) 7:58 PM ET
3-Hold of 5 3
C Value B Growth F Momentum C VGM
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$148.74 USD
-0.68 (-0.46%)
Updated Mar 28, 2024 04:00 PM ET
After-Market: $148.72 -0.02 (-0.01%) 7:58 PM ET
3-Hold of 5 3
C Value B Growth F Momentum C VGM
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Diageo (DEO) 1H FY22 Earnings & Sales Improve on Robust Trends
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Diageo's (DEO) first-half fiscal 2022 results reflect gains from continued recovery in the on-trade channel, strong consumer demand in the off-trade and market share growth.
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Diageo's (DEO) 1H22 results are expected to reflect gains from robust consumer demand and the off-premise channel's strength. Inflationary pressures and supply-chain woes are likely to have hurt.
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Diageo (DEO) is poised to benefit from improving consumer demand trends. Its efforts to expand the digital business and investments in RTDs bode well.
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3 Reasons Why You Must Hold Diageo (DEO) in Your Portfolio
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Diageo (DEO) is poised to retain its market position through investments in online and the booming RTD category. Higher costs and disruptions in Travel Retail and on-trade businesses are headwinds.
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