Diageo's premium spirits portfolio (Johnnie Walker, Don Julio, Guinness) faces cyclical headwinds from post-COVID destocking in the US tequila category and softer Latin American consumer demand. Long-term super-premiumization thesis remains intact, but near-term earnings visibility is poor. Management transition under new CEO and inventory rebalancing should bottom in 2026. African Guinness growth and India operations provide structural offsets.
Thesis reviewed May 29, 2026
Diageo PLC is headquartered in United Kingdom, which is currently showing moderate signals.
🇬🇧United Kingdom67NEUTRALView United Kingdom risk detail →🛍Consumer22NEUTRAL| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| NIO | NIO Inc | 27 | -10% | ↑2% | AVOID |
| JD | JD.com Inc | 27 | +13% | ↑2% | EARLY |
| LI | Li Auto Inc | 27 | +7% | ↑2% | NEUTRAL |
| PDD | PDD Holdings Inc | 27 | -4% | ↑2% | AVOID |
| DEO | Diageo PLC | 27 | +8% | ↑2% | NEUTRAL |
| ULVR.L | Unilever | 27 | — | ↑2% | NEUTRAL |
| BTI | British American Tobacco PLC | 27 | +14% | ↑2% | EARLY |
Investors who hold DEO may also have indirect exposure through these country funds.
Diageo flags continued US tequila destocking through 2026
Guinness 0.0 drives non-alcoholic category leadership in UK and Ireland
Estimates · Yahoo Finance · Not audited figures
| Politician | Party | Type | Amount | Trade Date | Return |
|---|---|---|---|---|---|
| Alan Armstrong | Buy | $1k–$15k | Mar 30, 26 | ||
| Thomas H Tuberville | Sell | $15k–$50k | Jan 10, 25 | -19.3% | |
| John JamesMI | R | Buy | $1k–$15k | Sep 4, 24 | -31.4% |
| John JamesMI | R | Buy | $1k–$15k | Mar 5, 24 | -33.6% |
| Josh GottheimerNJ | D | Sell | $1k–$15k | Jun 18, 24 | -30.2% |
| Sheldon Whitehouse | Sell | $15k–$50k | May 8, 24 | -36.3% |
[House Hearing, 119 Congress] [From the U.S. Government Publishing Office] ANTISEMITISM IN HIGHER EDUCATION: EXAMINING THE ROLE OF FACULTY, FUNDING, AND IDEOLOGY ======================================================================= HEARING Before The COMMITTEE ON EDUCATION AND WORKFORCE U.S. HOUSE OF REPRESENTATIVES …