A post by @FirstSquawk on X.

Diageo reported first-quarter net sales of $4.93 billion, beating the $4.78 billion estimate, with organic net sales up 1.4% versus expectations of a 0.61% decline and organic volume growth of 1.1% against an estimated 0.37% drop. Regional performance diverged sharply: EMEA net sales fell 17% year over year to $1.26 billion, while North America net sales declined 3.6% to $1.76 billion, with North America organic net sales also down 3.6%. The beat on both organic sales and volumes marks a reversal from forecast declines, though the weak EMEA and North America figures underscore continued regional pressure. Investors will watch the company's FY27 guidance for signals on whether the top-line beat can offset softness in its two largest reporting regions.