Earnings ·
Diageo plc filed its Annual Report for fiscal year ended June 30, 2026, reporting reported net sales of $19.6 billion…
DGEAFDiageo PLC
Diageo plc filed its Annual Report for fiscal year ended June 30, 2026, reporting reported net sales of $19.6 billion and basic earnings per share of 78.1 cents. The company announced a total recommended dividend of 50.00 cents per share, reflecting a reduction from the prior year's 103.48 cents to strengthen its balance sheet amid a leverage ratio of 3.1x. Strategic changes include the appointment of Sir Dave Lewis as Chief Executive and a $1.2 billion restructuring plan aimed at generating $1 billion in annual savings. The filing also details the planned sale of East African Breweries PLC and Diageo's stake in Royal Challengers Bengaluru. Diageo plc operates in the global alcoholic beverages industry, producing and marketing spirits, beer, and ready-to-drink products.