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The Economic Times

Top News / The Economic Times

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Diageo springs a surprise, sales climb on Africa, Latin America

Diageo has experienced an unforeseen surge in sales for the latest quarter, attributed to robust growth in Africa and Latin America that successfully counterbalanced a slowdown in the U.S. market. As the company upholds its annual forecast, it is simultaneously grappling with issues stemming from decreased consumer expenditure and shifting market dynamics.

6 May 2026 11:58 pm