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World's biggest spirits maker pops 6% on $1 billion cost-cutting plan

Diageo, whose brands include Johnnie Walker scotch whisky, Captain Morgan rum and Guinness stout, said costs relating to the savings program will amount to $1.2 billion.

World's biggest spirits maker pops 6% on $1 billion cost-cutting plan

Published August 6, 2026 · Category: Finance

Overview

Diageo, whose brands include Johnnie Walker scotch whisky, Captain Morgan rum and Guinness stout, said costs relating to the savings program will amount to $1.2 billion.

Source

Originally published at www.cnbc.com.

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