Diageo’s sales rose 1.2%, but organic sales grew 0.6% and North American sales fell 3.6%. Brand growth and planned savings balance those results, and its full-year outlook remains unchanged.
The quarter gives mixed signs. Sales and organic sales grew, but North American sales fell. Smirnoff ready-to-drink and Guinness grew, and Diageo plans $1 billion in savings over 3 years. Its full-year outlook stayed unchanged.
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