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-0.000110120030833508 -0.000991080277502515 -0.000991080277502515 -0.00319348089417456 -0.00451492126417792 -0.0342473295892523 -0.0350181698050875 -0.0519766545534633
Stock impact report

Diageo Shares Sink on Cuts to Guidance, Dividend as New Boss Sets Sights on Turnaround [Yahoo! Finance]

Diageo plc (DEO) 
US:NYSE Investor Relations: diageo.com/en/investors
Company Research Source: Yahoo! Finance
Diageo is home to brands such as Guinness, Johnnie Walker and Smirnoff Vodka. - CLODAGH KILCOYNE/REUTERS Diageo shares fell after the Guinness maker cut its guidance for the year on weakness in the U.S. and slashed its dividend to help fund the turnaround plan of Chief Executive Officer Dave Lewis. Home to brands like Johnnie Walker and Smirnoff, Diageo has been beleaguered by sales weakness over the past two years, as price inflation bites into consumers' spending power and growing health consciousness curbs appetites for boozing. Most Read from The Wall Street Journal It Was Paradise for American Retirees—Until It Became the Center of a Drug War Anthropic Dials Back AI Safety Commitments I Hold a Money Meeting With My Family Every Quarter. Here's How to Lead Yours. Tech Firms Aren't Just Encouraging Their Workers to Use AI. They're Enforcing It. Breaking Down the Doomsday AI Memo That Spooked Markets Lewis, the group's newly-installed CEO, said Wednesday that he w Show less Read more
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