Welcome to our dedicated page for Diageo news (Ticker: DEO), a resource for investors and traders seeking the latest updates and insights on Diageo stock.
Diageo plc (DEO) is a global producer of premium spirits and a key player in the beverage alcohol industry, renowned for brands like Johnnie Walker and Guinness. This news hub provides investors and industry observers with timely updates on corporate developments, financial performance, and strategic initiatives shaping the company's trajectory.
Access official press releases, earnings reports, and market analysis in one centralized location. Our curated feed covers material events including acquisition announcements, leadership changes, product innovations, and sustainability initiatives across Diageo's global markets.
Key updates feature Diageo's operational milestones in spirits production, distribution network expansions, and responses to evolving consumer trends in the alcohol sector. The content selection prioritizes information relevant to understanding the company's market position and long-term value creation.
Bookmark this page for streamlined tracking of Diageo's NYSE-listed performance indicators and industry developments. Check regularly for verified updates that matter to stakeholders in the premium beverages market.
Nick Offerman introduces the Lagavulin Offerman Edition: Charred Oak Cask, an 11-year Single Malt Scotch Whisky. Aged in re-charred American and European oak casks, this limited edition is tailored for steak pairings. Released on October 12, 2022, the whisky retails for $79.99 and is available at select U.S. liquor stores and online. Offerman emphasizes its smokiness and recommends enjoying it with a expertly seared cowboy ribeye. This marks the third collaboration between Offerman and Lagavulin, featured in a thrilling promotional video.
Diageo North America commits $1 million to Miami Dade College Foundation to establish a permanent endowment for students from underrepresented communities. This funding will enhance access and support educational curriculum development, focusing on cultivating a diverse talent pipeline. The initiative targets particularly Hispanic and Black students, who represent over 90% of MDC's enrollment. This partnership aligns with Diageo's broader commitment to equity in education and follows its $10 million investment in similar programs across 25 HBCUs.
On September 27, 2022, Baileys Deliciously Light announced a partnership with Lavazza to celebrate National Coffee Day on September 29. They introduced five new cold brew coffee recipes that blend Baileys' light liqueur, which has 40% less sugar and calories than the original, with Lavazza's organic ready-to-drink cold brews. A cocktail kit is also available for purchase, containing all necessary ingredients to recreate the recipes. Baileys Deliciously Light retails at $23.99 for 750ml, while Lavazza cold brews are priced at $3.49 each.
Aviation American Gin has officially opened its new distillery and visitor center in Portland, Oregon, covering nearly 33,000 square feet. The facility includes a tasting room, cocktail bar, and an interactive escape room themed around co-owner Ryan Reynolds. Educational tours will be offered for $28 per person, providing insights into the gin's distillation process. The distillery aims to enhance customer engagement while promoting Aviation Gin's uniquely balanced flavor profile. Diageo acquired Aviation American Gin in 2020, recognizing its popularity in the spirits market.
Aviation American Gin has opened a new distillery and visitor center in Portland, Oregon, spanning nearly 33,000 sq. ft. The facility includes a tasting room, cocktail bar, and unique escape room experience. The distillery aims to offer an intimate tour of its distillation process, with guided tastings costing $28 per person. Co-owner Ryan Reynolds expressed excitement about creating a unique visitor experience. Educational tours will be led by Distillery Director Hollie Stephenson, and the center is operational Thursday through Sunday, welcoming guests aged 21 and older.
21Seeds, a female-founded tequila brand, launches its "Back To Routine" Fall campaign to encourage consumers to prioritize self-care and organization after summer. Founded in 2019, the company focuses on creating easy-to-mix infused tequilas. The campaign features tips from co-founder Kat Hantas and lifestyle expert JoJo Fletcher, promoting routines that simplify life while showcasing 21Seeds cocktails. Available in Valencia Orange, Cucumber Jalapeño, and Grapefruit Hibiscus, 21Seeds' products are designed for ease of use. The brand was acquired by Diageo in March 2022, continuing to grow its market presence.
George Dickel and Social Hour are reintroducing the Harvest Whiskey Sour canned cocktail in celebration of fall, available in New York City and online. This cocktail features high-quality 13-year-old Tennessee Whisky and has received a score of 95 points at the Ultimate Spirits Challenge, earning the Chairman's Trophy for best ready-to-drink whiskey cocktail. The Harvest Whiskey Sour combines flavors of honeycrisp apple, Meyer lemon, cinnamon, and maple, retailing at $28 for a 4-pack, making it a convenient choice for autumn gatherings.