Citrus-Flavored Johnny Walker???

June 10, 2014

By Knowledge Leaders Team in Uncategorized

In a recent interview with the Wall Street Journal (here), the CEO of Diageo– the world’s largest distiller & vintner by sales– put to rest any fears that the Johnny Walker brand would see a ‘flavor extension’ anytime in the near future. As we noted some time ago (here), the industry’s performance has suffered over the last year– especially in MSCI Europe where Diageo is domiciled:

A quick look at our point-and-figure charts reveals that most of the European names in the distiller & vintner group have begun to stabilize or have found some kind of support:

Better sales and earnings growth estimates (after FY1) would seem to be a positive sign for the group:

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