The earnings call highlighted continued growth in organic net sales and market share gains, particularly in the Tequila and Guinness segments. However, challenges remain with declining Scotch sales, a drop in organic operating profit, and significant uncertainty due to newly imposed tariffs. The decline in EPS and increased leverage ratio further contribute to a cautious outlook.

Company Guidance

In the first half of fiscal year 2025, Diageo reported a 1% growth in organic net sales, with momentum seen in four out of five regions, including North America. The company held or gained market share in 65% of its net sales in measured markets. Despite a challenging macroeconomic environment, Diageo demonstrated resilience, particularly in regions like Europe and Africa, and saw a modest improvement in the Latin America and Caribbean regions. The U.S. market showed a slight return to growth, driven by innovations such as smaller pack sizes and strong performances from brands like Crown Royal and Don Julio. However, the company faced challenges with a 5% decline in Scotch sales and pressures from recent U.S. tariff announcements, which could impact future guidance. The company plans to strengthen its balance sheet, focus on sustainable top-line growth, and improve operating leverage while maintaining a robust investment-grade balance sheet.

Return to Organic Net Sales Growth

Despite challenging macro environments, the company achieved a 1% growth in organic net sales, with growth in four out of five regions, including North America.

Market Share Gains

The company held or gained market share in 65% of net sales in measured markets, with strong performance in the U.S., Europe, and Greater China.

Tequila Segment Growth

Tequila organic net sales were up 21% in the half, with Don Julio leading the growth and maintaining share leadership in the Tequila category.

Guinness Performance

Guinness achieved its 8th consecutive half of double-digit growth, delivering 17% organic net sales growth in the half.

Positive Free Cash Flow

Free cash flow increased by $125 million to approximately $1.7 billion, driven by working capital management.

Diageo (GB:DGE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:DGE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jan 29, 2026	2026 (Q2)	0.74 / -	0.723	―	―	―
Aug 05, 2025	2025 (Q4)	0.46 / 0.49	0.533	-8.33% (-0.04)
Feb 04, 2025	2025 (Q2)	0.75 / 0.72	0.8	-9.54% (-0.08)
Jul 30, 2024	2024 (Q4)	0.54 / 0.53	0.289	84.62% (+0.24)
Jan 30, 2024	2024 (Q2)	0.78 / 0.80	0.9	-11.11% (-0.10)
Aug 01, 2023	2023 (Q4)	0.62 / 0.29	0.591	-51.13% (-0.30)
Jan 26, 2023	2023 (Q2)	0.95 / 0.90	0.847	6.21% (+0.05)
Jul 28, 2022	2022 (Q4)	0.50 / 0.59	0.492	20.00% (+0.10)	―	―
Jan 27, 2022	2022 (Q2)	0.83 / 0.85	0.685	23.68% (+0.16)	―	―
Jul 29, 2021	2021 (Q4)	0.46 / 0.49	0.281	75.00% (+0.21)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:DGE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	1815.00p	1904.00p	+4.90%
Feb 04, 2025	2330.89p	2293.94p	-1.59%
Jul 30, 2024	2463.70p	2338.46p	-5.08%
Jan 30, 2024	2718.71p	2736.41p	+0.65%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Diageo plc (GB:DGE) report earnings?

Diageo plc (GB:DGE) is schdueled to report earning on Jan 29, 2026, Before Open (Confirmed).

What is Diageo plc (GB:DGE) earnings time?

Diageo plc (GB:DGE) earnings time is at Jan 29, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Diageo plc stock?

The P/E ratio of Diageo is N/A.

What is GB:DGE EPS forecast?

GB:DGE EPS forecast for the fiscal quarter 2026 (Q2) is 0.74.

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