Aug 6, 2026 earnings call — Fiscal 2026 results and Capital Markets Day
Diageo delivered free cash flow of $3.2 billion for fiscal 2026, reducing net debt to $20.5 billion.
Revenue $9.2B (est $9.1B) · EPS $2.80 (est $2.55)
Key quotes
"I am pleased that we delivered $514 million, or circa 85% of the Accelerate program in fiscal 2026. As mentioned, the savings come from a focus on driving efficiency and effectiveness from A&P investment, supply, and overheads."
"The continued impact of weakness in Chinese white spirits adversely impacted sales in APAC, resulting in organic sales down around 6%. The negative impact of Chinese white spirits on region net sales was circa 8%."