Diageo’s Beer Momentum Rolls As North America Reset Takes Shape

Dear Client: Diageo may have kicked off its new fiscal year with a new game plan for North America, but there's still "a long, long, long way to go" on the turnaround, CEO Sir Dave Lewis acknowledged on Thursday's earnings call. Indeed, the latest quarterly results still look pretty familiar for the market, with beer continuing to shine and spirits still struggling. GUINNESS AND SMIRNOFF UP DOUBLE-DIGITS IN THE U.S. Recall, Diageo Beer Co. USA closed fiscal 2026 with volumes