🟢 Diageo is trading 4.1% up in pre-market after restructuring plan and fiscal 2026 results

Diageo is trading 4.1% up at $96.62 after investors responded positively to its August 6 restructuring announcement and fiscal 2026 results.

• The three-year plan targets approximately $1 billion in savings through operating-framework changes and supply-chain initiatives, despite a 2% organic sales decline and expectations for flat fiscal 2027 sales.
• Reuters reported shares up as much as 7%; the move follows a 4.94% gain to $92.80 on August 6.
• Broader markets are only modestly higher, making the turnaround plan the clearest catalyst.