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Diageo's Revenue Improves as Hospitality Reopens

TheMotleyFool

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Diageo's Revenue Improves as Hospitality ReopensPhoto, wide shot, wide-angle lens, Brewery, Midday, harsh overhead sunlight, directional sunlightt, photo by Peter Lik: https://img.theapi.app/temp/0cebecb6-c4f6-4c6e-b73e-f375daba8100.png

Global beverage company Diageo (NYSE: DEO) gave a business update for fiscal 2021, announcing an improvement in its business since its last fourth-quarter earnings report. CEO Ivan Menezes said on the Sept. 28 release, "Our outlook for the first half of fiscal '21 has improved since the year-end, reflecting the good start to the year, particularly for our U.S. business."

Here's more detail about why the consumer discretionary company is optimistic.

Image source: Diageo.

Source Fool.com

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