Morningstar
•
Mar 13, 2026
Diageo plc: Diageo Earnings: Shares Slide With Lowered Guidance and Dividend Cut, but Reset Is Underway
Symbols
DEOSector(s)
Consumer Defensive
Rating
Current Price
80.35
Fair Value
Economic Moat
Stewardship
Summary
Formed in 1997 through the merger of Grand Metropolitan and Guinness, Diageo is the largest distiller globally by sales. Diageo acquired some of the Seagram assets in 2001, which gave it brands such as Captain Morgan rum and Crown Royal Canadian whisky. Since then, mergers and acquisitions hav
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