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Related Stories (13)

Britain's JD Sports says Nike turnaround is only a matter of time - Reuters

Britain's JD Sports says Nike turnaround is only a matter of time Reuters

September 23, 2026

Macy's lifts forecasts as luxury banners thrive, but turnaround costs hit shares - Reuters

Macy's lifts forecasts as luxury banners thrive, but turnaround costs hit shares Reuters

September 10, 2026

Volkswagen's surprise turnaround deal averts showdown as job cuts loom - Reuters

Volkswagen's surprise turnaround deal averts showdown as job cuts loom Reuters

September 4, 2026

Target lifts annual forecasts again as Fiddelke's turnaround takes root - Reuters

Target lifts annual forecasts again as Fiddelke's turnaround takes root Reuters

August 19, 2026

Kraft Heinz raises forecasts, but turnaround efforts struggle to excite investors - Reuters

Kraft Heinz raises forecasts, but turnaround efforts struggle to excite investors Reuters

August 5, 2026

Air India taps Ethiopian aviation specialist to steer turnaround - Reuters

Air India taps Ethiopian aviation specialist to steer turnaround Reuters

August 5, 2026

Starbucks raises annual forecasts again as turnaround takes root - Reuters

Starbucks raises annual forecasts again as turnaround takes root Reuters

July 29, 2026

Gucci sales decline slows in boost for Kering's turnaround efforts - Reuters

Gucci sales decline slows in boost for Kering's turnaround efforts Reuters

July 28, 2026

PepsiCo's turnaround stutters as Americans rethink snacking - Reuters

PepsiCo's turnaround stutters as Americans rethink snacking Reuters

July 14, 2026

Coty exits Gucci license early to raise cash for turnaround - Reuters

Coty exits Gucci license early to raise cash for turnaround Reuters

July 7, 2026

Exclusive: Stellantis to focus funding on core car brands as CEO drives turnaround, sources say - Reuters

Exclusive: Stellantis to focus funding on core car brands as CEO drives turnaround, sources say Reuters

April 24, 2026

Nestle rides out Iran war impact, seeks turnaround in China - Reuters

Nestle rides out Iran war impact, seeks turnaround in China Reuters

April 23, 2026

Diageo's new boss signals deep reset with dividend and forecast cuts - Reuters

Diageo's new boss signals deep reset with dividend and forecast cuts Reuters

February 25, 2026

Related Pages (10)

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news.google.com•September 23, 2026

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news.google.com•September 10, 2026

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news.google.com•September 4, 2026

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news.google.com•August 19, 2026

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news.google.com•August 5, 2026

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news.google.com•August 5, 2026

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news.google.com•July 14, 2026

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news.google.com•July 8, 2026

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news.google.com•April 25, 2026

Diageo Shares Sink on Cuts to Guidance, Dividend as New Boss Sets Sights on Turnaround

Published on 02/25/2026 at 07:06 am EST By Aimee Look and Joshua Kirby Diageo shares fell after the Guinness maker cut its guidance for the year on weakness in the U.S. and slash

marketscreener.com•February 26, 2026