Diageo's Revenue Improves as Hospitality Reopens

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.

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Source Fool.com