Diageo's 2014: Not A Vintage Year

Business - Boston.com, Boston Globe: Business
Thu, 07/31/2014 - 7:45am

There was a time when emerging markets put the froth into Diageo numbers. Not so much any more. Over the past year, the maker of Guinness - and Johnnie Walker Scotch whisky, Smirnoff vodka and many others - has been wrestling with a host of issues in those markets. Now it's posted weaker-than-expected earnings, hurt by a slowdown in China and volatility elsewhere, with net sales down nine percent.

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Topics:  guinness   johnnie walker scotch   smirnoff   china   year   sales   percent   markets   
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