Diageo Confronts Turnaround Pressures After Profit Warning and CEO Change
Diageo’s share price has fallen sharply as Scotch whisky sales weakened, including a Latin America and Caribbean slump tied to lax inventory management that led to a November 2023 profit warning. CEO Debra Crew lost her job in July, replaced by Dave Lewis early this year. Diageo also abandoned a long-standing sales target amid tariff uncertainty after Donald Trump’s 2025 return.