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Diageo NA Sales Flat in FY ’23, But Brass Confident in Growth Opportunities

Dear Client: Diageo ended its fiscal year with organic net sales up 6.5% globally and volumes down 0.8%. And while the volume dip "may appear unfavorable, this is a choiceful and expected tradeoff as we have implemented strategic price interventions over the past two years to ensure effective positioning for long term growth," said global ceo Debra Crew on today's earnings call.  Debra presented the company's earnings for the first time today after officially taking the helm following the passing

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