After years of consistent growth, Diageo saw a downturn in 2014, with revenues undergoing an 8% decline amid a slowdown in the U.S. spirits market, ?anti-extravagance? in China, unfavorable currency movements in key markets, and lower revenues from acquisitions. However, this slowdown in revenues could very well be a temporary phenomenon leading to the stock touching new heights, going forward. Here are the top reasons why Diageo could see better days going forward.
After years of consistent growth, Diageo saw a downturn in 2014, with revenues undergoing an 8% decline amid a slowdown in the U.S. spirits market, ?anti-extravagance? in China, unfavorable currency movements in key markets, and lower revenues from acquisitions. However, this slowdown in revenues could very well be a temporary phenomenon leading to the stock touching new heights, going forward. Here are the top reasons why Diageo could see better days going forward.
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