DIAGEO’S VOLUME CONTINUES TO CLIMB

For 14 consecutive months Diageo has exhibited increasing volume trends which include a 4.58% growth for the month of October and a +5.7% year to date. UBS notes that the numbers are “impressive given that in this month DGE raised prices across 40% of its US spirits volume…volume performance was especially strong with Canadian Club, Crown Royal and Smirnoff.”