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Diageo Unveils $1B Savings Plan, Guinness Push to Fuel Turnaround
['Stacy Sanders']
Daily Political
Each local organization will be accountable for market share in spirits and Guinness, on-trade capabilities, sales growth, operating profit and free cash flow.
Diageo expects North America to remain challenging, forecasting U.S. market value growth of negative 2% to flat over the three-year plan period.
For fiscal 2027, Diageo expects North America to post a mid-single-digit net sales value decline as it focuses on stemming share losses.
The company expects to exit fiscal 2029 with approximately 2.5% to 3% top-line growth, assuming North America is flat.
Low-single-digit organic net sales growth on a three-year compound basis.