Diageo Publishes Fiscal 2027 Q1 Trading Statement Transcript

By Public Technologies
  • Diageo’s November 5, 2026, fiscal 2027 first-quarter trading call featured CEO Dave Lewis, CFO Nik Jhangiani and investor-relations head Sonya Ghobrial.
  • Management retained guidance for broadly flat organic net sales and low- to mid-single-digit organic operating profit growth.
  • Quarterly organic net sales excluding EABL rose 0.6%; reported net sales increased 1.2% to $4.9 billion.
  • North American organic net sales fell 3.6%, reflecting continued market softness; tequila brands and Crown Royal remained under pressure.
  • Lewis expects most US turnaround initiatives outlined in August to take about 12 months to deliver material benefits.


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