$68.58
-0.62 (-0.90%)
Diageo plc (ADR) (DEO)
CAPS Rating:
The Company is engaged in the premium drinks business with a collection of international brands.
The Company is engaged in the premium drinks business with a collection of international brands.
Recs
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??