couter

DEODiageo plc

Consumer StaplesBeverages

The Read

1% after in-line H1 results and weak guidance in June 2026 but surged 10.
Oct 20, 2026 — Annual Capital Markets Day & Strategy Review
Chart by TradingView

The schedule

  • Tue20Oct

    Management's strategic portfolio review and medium-term margin recovery targets.

  • Thu5Nov
  • Thu14Jan

    Post-holiday channel checks indicating the health of off-trade premium spirits demand in North America.

  • Wed10Mar

    Evaluation of new US tariff risks targeting European spirits and Mexican tequila imports.

  • Thu6May
  • Wed12May

    Assessment of early summer duty-free channels and international passenger traffic volumes.

  • Thu5Aug

    Full-year alignment on revenue realization and progress against the H2 deleveraging strategy.

Past

  • Tue15Sep

    Intra-quarter trading update to gauge the progress of inventory reduction in key Americas channels.

  • Thu6Aug

    Actual outcome: Bull · $97.11 at outcome

    Diageo met EPS estimates exactly at $3.56, offsetting persistent sales weakness in North America with resilient cash gains. The stock rallied after the company unveiled a $1 billion cost-savings program and a strategic turnaround plan centered on its Guinness and core spirits brands. This aggressive restructuring prompted analysts to declare the company's long earnings downgrade cycle over, driving bullish sentiment for future profitability.

    Scheduled Q2 2026 earnings focusing on LatAm volumes and North American tequila destocking.

  • Tue30Jun

    Actual outcome: Bear

    Diageo reported in-line earnings, with EPS exactly matching estimates at $3.56. The stock saw a muted reaction, falling slightly by 2.1%, as the market weighed the lack of a clear earnings beat against ongoing industry headwinds, including falling alcohol demand and increased promotional activity in the US to stabilize sales volumes.

    Diageo reported in-line earnings, with EPS exactly matching estimates at $3.56. The stock saw a muted reaction, falling slightly by 2.1%, as the market weighed the lack of a clear earnings beat against ongoing industry headwinds, including falling alcohol demand and increased promotional activity in the US to stabilize sales volumes.