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The Company is engaged in the premium drinks business with a collection of international brands.
food has slim margins.
This is Liquour not food!
Beer and liquour not food guy. Fat margins.
Here are some numbers:Profit margin: 22.36%Operating margin: 28.53%ROE: 37.66%...and relatively low capex.
I think maybe you're confused about what DEO does. They are the single largest producer, distributor, and marketer of alcohol in the world. They have a 44 billion dollar market cap and profit margins that have hovered around 20% for years. And sin stocks do extraordinarily well in economic downturns, as people tend to drink more when times are tough. I put this stock as a big ol buy and hold at it's current price.
hey dude , booze not food
Is booze made from grain? Is grain not a food??
I lived off booze alone for a short period of time, it does have some nutritive qualities.However, I've seen the light. Booze is NOT foood. The margins are HUGE on booze. Ever pick up a bar tab?
Vodka does have calories and it may make you feel like a stallion in bed, but I'd argue it's still not a food...Nutrition information for one ounce of 80 proof vodka (27.8g):Calories: 64Total fat: 0gCholesterol: 0mgTotal Carbohydrate: 0gFiber: 0gSugar: 0gVitamin A: 0%Iron: 0%Calcium: 0%Vitamin C: 0%
If this is your "food" it doesn't matter, cause you'll be dying young anyway!
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