Diageo Gaining Share in the US, Expects Momentum to Continue

Dear Client:  After exceeding expectations in H1, Diageo kept the momentum going in H2, reporting organic net sales growth of 16% globally for the fiscal year ended June 30.  "All of our regions grew organic top-line with three of the five [regions] growing net sales above fiscal 2019 on a constant basis," said Diageo chief Ivan Menezes on this morning's earnings call, adding that "North America, our largest and most profitable market, performed particularly strongly." Sales in North America were