Global spirits glut forces producers to idle distilleries and cut prices: FT [Seeking Alpha]
Diageo plc (DEO)
US:NYSE Investor Relations:
diageo.com/en/investors
Company Research
Source: Seeking Alpha
record stockpiles of unsold whisky, cognac and tequila, prompting production shutdowns and mounting pressure to discount prices, the Financial Times reported Sunday. Diageo ( Quick Insights Oversupply is causing record stockpiles, straining balance sheets, raising debt levels, and prompting discounts and production cuts. The surplus is due to a pandemic-driven production surge, followed by inflation-induced consumer cutbacks and weakening demand. Producer cuts risk future supply shortages if demand rebounds, given spirits require years to mature. Recommended For You More Trending News
Show less
Read more
Impact Snapshot
Event Time:
DEO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DEO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DEO alerts
High impacting Diageo plc news events
Weekly update
A roundup of the hottest topics
DEO
News
- Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun [Forbes]Forbes
- Greg Hughes on how Suntory plans to revive global spirits sales [Yahoo! Finance]Yahoo! Finance
- Manitoba's Kinew tells Ontario's Ford don't ‘shoot ourselves in the foot' with Crown Royal threat [BNN Bloomberg (Canada)]BNN Bloomberg
- Diageo plc (DEO): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Diageo is viewed positively by RBC Capital as the focus shifts to the mainstream part of the business [Seeking Alpha]Seeking Alpha
DEO
Sec Filings
- 1/2/26 - Form 6-K
- 12/17/25 - Form 6-K
- 12/1/25 - Form 6-K
- DEO's page on the SEC website