World's biggest spirits maker pops 6% on $1 billion cost-cutting plan
- Posted on August 6, 2026
- By CNBC
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- 1 min read
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World's biggest spirits maker pops 6% on $1 billion cost-cutting plan
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.
