Diageo PLC

Diageo PLC reshapes its portfolio—ending Starward, inviting bids for USL, launching Smirnoff Ice Green Apple, and boosting employee welfare—strengthening its global spirits dominance.

Diageo cuts 2025/26 forecasts after weak U.S. and China sales, slumping first‑quarter net sales 2.2% and shares down 2%.

Diageo PLC, a leading alcoholic beverage company, has reported a decline in annual profits due to restructuring costs and shifting consumer behavior, but is taking cost-cutting measures to improve its financial health.