1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7467) 

Bill Nygren's Oakmark Comments on Diageo

July 10, 2012 | About:

From Oakmark's second-quarter letter:

The top contributor to the Fund’s quarterly performance was Diageo (NYSE:DEO), a global maker and marketer of alcoholic beverages that returned 7%. Diageo’s emerging-markets business continues to grow at a good pace, and the company has seen positive effects from product mix and pricing in emerging regions. Momentum in developed markets remains steady overall. Though volume growth in Europe is still challenged, U.S. volumes have been performing better. Diageo will benefit from the continued growth of global spirits, and we remain confident in our investment thesis.


Rating: 2.7/5 (7 votes)

Comments

Please leave your comment:


GuruFocus has detected 5 Warning Signs with Diageo PLC $DEO.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Holly LaFon


User Generated Screeners


ntelumPAUL SALES 30
tlimScreen 1
ntelumPAUL
itflpalmsYacktman ROR
kkopacz.bizLow PEG Upturn
DANGORDONEPITDA 5Y GROW 5-29-17
jtepper2Cheap Energy
DBrizanmon mmm mmc mck lmt lly lltc
DANGORDONMARGIN OPERATING 5-26-17
kennyorrgrowth rate screen
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK