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Diageo shares rose 5.6% premarket as it guided for 1.7% organic sales growth in FY26 and boosted its cost-saving target to $625 mn. FY25 profit beat estimates at $1.642/share. The maker of Johnnie Walker also flagged a $200 mn tariff impact and noted Gen Z's shift toward non-alcoholic drinks. CEO decision expected by October.
short by / 04:28 pm on 05 Aug
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