Johnnie Walker owner Diageo is expecting to see a decline in profit in the first half of fiscal 2024, due to a “weaker performance” in Latin America and Caribbean (LAC). 

Brown-Forman has reported a net sales increase of 8% to $4.2bn for the fiscal year ended April 30, 2023, with a fourth quarter performance of +5% to $1bn.

Brown-Forman has raised its full-year sales outlook in anticipation of supply chain disruption easing in the months ahead.

Diageo stock increased by 4% this morning after it announced an improved profit growth forecast for the 2021 fiscal year.

Leading US online retailer Wine.com has reported a 217% year-on-year revenue increase for the six months to September 30.

Pernod Ricard has revealed a 15% organic decline in sales for the three months to March 31.

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La'Mel Clarke

Service isn’t servitude: the skill of hosting

La’Mel Clarke, front of house at London’s Seed Library, looks at the forgotten art of hosting and why it deserves the same respect as bartending.

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