Diageo plc (DEO)
When I was in Ireland, I had a Guinness every day - often with a warm bowl of fisherman’s chowder.
I was surprised to learn that sales of the world’s #1 stout are down 30% in Ireland since 2001.
I guess there is a growing trend of people wanting lighter, blander, “refreshing drinks.” Not me. I had a pint of Amstel light last weekend and it tasted like beer-flavored water. On the label it should say “30% beer.”
Anyway, even though sales are down, Diageo’s chart looks pretty strong, up 50% in the last two years:
Maybe people are switching from stout to box wine for the resveratrol.
