Reported 1 day ago
Top investors are questioning Diageo's ambitious growth targets amid declining sales and economic challenges. With the upcoming interim results, new finance chief Nik Jhangiani faces pressure to either reaffirm or revise the company's existing sales growth goals of 5% to 7%. Many investors, including analysts, are skeptical about the feasibility of these targets in the current economic climate, suggesting a more conservative approach may be needed. As competition remains strong and market conditions fluctuate, Diageo's strategies come under scrutiny.
Source: YAHOO