Diageo sales growth surprises

Drinks giant Diageo (DGE) had investors popping corks after Q3 organic sales growth surprised positively. Instead of a 2.3% decline in net revenue for the three months to March, the firm reported a 0.3% increase. Clear improvement Analysts’ growth forecasts for the period varied from -4.2% to +0.5%, putting the firm’s performance towards the top … Continue reading Diageo sales growth surprises