Diageo Stock Discussion

Zoom CFO Kelly Steckelberg told CNBC’s Jim Cramer on Tuesday that the company is not just a video conferencing platform, saying it has successfully broadened its offerings.
“We have customers that are fully remote still, they’ve chosen that as a way of working because of the flexibility it provides,” she said. “We have customers that are fully back in the office, and then a lot that are somewhat in between, in a hybrid or, pot...

Diageo's 'premiumization' strategy is under scrutiny due to warnings from luxury-goods firms about a slowdown in consumer demand. Investors are also keen on understanding how price increases and cost efficiencies can counter cost inflation.

HSBC believes companies will reinvest gross margin benefits into demand-generating initiatives. Bud Light's recovery is not anticipated by them, but stock potential is seen. Nestle is foreseen to have continued growth with more margin progression. Diageo's value compared to competitors is deemed historically low.

The company's underwhelming outlook in Latin America and the Caribbean may impact its overall financials. There's hope for gradual organic sales growth in other regions, but Diageo needs to show operative leverage from productivity efforts.

New CEO Debra Crew conveys that the worsening conditions in Latin America surprised the company's regional team and maintains that the operating environment is likely to remain challenging. Customer behavior is shifting towards less consumption and cheaper brands.

On May 15th, Berkshire issued a clarification announcement on the official website about the change of the statistical caliber of holdings. The core idea is that the statistical caliber of holdings in 23Q1 has changed, and we cannot simply use 2023Q1 to compare 13F in 2022Q4.
Berkshire said:
1. In December 1998, Berkshire acquired General Re (General Re Corp.).
2. From December 1998 to December 2022, General Re's stock holdings were disclosed by New England Asset Ma...