Diageo flat as Guinness rationing comes to a head
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Diageo is facing a supply issue with Guinness, leading to rationing in pubs due to panic buying and increased demand during the holiday season.
December 16, 2024 | 12:30 pm
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Diageo is experiencing supply challenges with Guinness, leading to rationing in pubs due to panic buying and increased demand during the holiday season.
The news highlights a supply issue with Guinness, a key product for Diageo, during a critical sales period. This could negatively impact sales and investor sentiment, leading to a potential short-term decline in DEO stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80