In Diageo's fiscal year through June 30, the company continued to deliver strong price/mix in North America at the expense of volume, particularly in the standard vodka segment where Smirnoff resides. The company's growth was driven primarily by its reserve brands with innovation delivering incremental sales growth. As a result, the company's North American organic volumes were down 1% while sales were up 3%. BRAND PERFORMANCES: Diageo's North American sales growth was largely driven by the US market (+ 5%)
You need a subscription to access this article.Login now or subscribe to get daily industry insights!
Log In
Forgot Password
Don’t have an account yet?
SUBSCRIBE