British Distiller Diageo's Sales Decline, Drinkers Spend Less

Bloomberg Television
Bloomberg Television
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Published 2024-07-30
Diageo, the maker of Johnnie Walker and Smirnoff, has been hit by a slowdown in Latin America, the Caribbean and the US. That resulted in the British distiller posting its first annual sales decline since the pandemic. Shares fell nearly 10% in the early Tuesday trade in London. Bloomberg's Sabah Meddings discusses on Bloomberg Television.

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All Comments (2)
  • @jimbojimbo6873
    “We are journalists at the end of the day we have to start with the doomsday” Sums up the profession.