World's biggest spirits maker pops 4% on $1 billion cost-cutting plan

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Diageo, whose brands include Johnnie Walker scotch whisky, Captain Morgan rum and Guinness stout, said costs relating to the savings program will amount to $1.2 billion.

Source: Cnbc.com

Original source: https://www.cnbc.com/2026/08/06/diageo-savings-plan-restructuring-earnings-spirits.html

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