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Diageo's Sales Surge Beats Expectations
Published 1 week ago
Description
Diageos latest sales update surpassed expectations, with organic sales growing 0.3% in Q1, driven by pre-World Cup stockpiling in Latin America, Africa, and Europe. Despite North Americas struggles, new CEO Dave Lewis is focusing on lower prices, mass-market brands, and new formats, including ready-to-drink cocktails, to revitalize the company.
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