Tequila a Major Growth Driver for Diageo, with “Significant Headroom” to Grow

Dear Client:    Diageo's global net sales were up 21.4% for the fiscal year ended June 30, and volumes were up 10.3%, driven by strong growth across all regions.  The company delivered "strong performance in the first half of the year while navigating a very dynamic environment," and "in the second half, the operating environment was even more challenging with stronger headwinds from inflation, supply chain disruptions and geopolitical events," chief Ivan Menezes said on today's earnings call. SUPER PREMIUM