Diageo targets $1 billion savings after FY sales decline
The Smirnoff and Johnnie Walker owner reported a net sales decline of 2% for the year ending 30 June 2026 before unveiling $1.2 billion restructuring plan The post Diageo targets…
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Struggling Diageo to cut costs by more than a billion
Beverage manufacturer Diageo, owner of Johnnie Walker, Smirnoff, and Baileys, plans to make significant cost cuts following a decline in revenue, while simultaneously investing in…