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TikTok famous investing experts explain how to maximize your money

TikTok famous investing experts explain how to maximize your money

Fox News3 days ago
Panelists Taylor Price and Jessica Inskip discuss how Gen Z is making big gains in the investment world on 'America Reports.'
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Diageo forecasts flat annual sales growth, raises cost-savings target
Diageo forecasts flat annual sales growth, raises cost-savings target

Yahoo

time20 minutes ago

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Diageo forecasts flat annual sales growth, raises cost-savings target

(Reuters) -Diageo, the world's biggest spirits maker, forecast on Tuesday fiscal 2026 organic sales growth to be similar to fiscal 2025 including the impact of U.S. tariffs, and raised its cost-savings target to about $625 million. The maker of Johnnie Walker whisky and Smirnoff vodka is looking for a new chief and finance head to turn around its financial and share performance, and guide it through a plan announced in May to cut $500 million in costs and make substantial asset sales by 2028. "Macroeconomic uncertainty and the resulting pressure on consumers continues to weigh on the spirits sector," Diageo said in its first set of results under interim CEO Nik Jhangiani. Diageo said it expects organic sales to fall slightly in the first half of 2026, with growth more weighted towards the second half.

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