Diageo Sales Climb as CEO Targets North America Recovery
Wall Street Journal
Last updated: May 7, 2026
Diageo reported increased revenue in the third quarter of its fiscal year, driven by strong performance in its emerging markets. The company is actively addressing declining sales in North America.
- Diageo's revenue saw a rise in the third quarter of the fiscal year. The spirits giant is focusing on strategies to revitalize its sales performance in the North American market, which has been underperforming. The company highlighted a positive contribution from its emerging markets, suggesting a global sales imbalance. Specific figures on revenue growth or North American sales decline were not provided in this excerpt. The emphasis is on the dual approach of leveraging growth in other regions while tackling challenges at home.
