Latin America

Colgate-Palmolive Sees Weaker Annual Sales On Slower Demand

Toothpaste maker Colgate-Palmolive forecast annual sales below Wall Street expectations after missing quarterly sales estimates on Friday.

Mondelēz International Beats Quarterly Results On Demand Rebound

Mondelēz International beat third-quarter revenue and profit estimates on Tuesday on a rebound in demand and higher prices.

Diageo Profit Drops As Latin American Sales Sink

Diageo just missed full-year profit forecasts and warned challenges could persist into next year as sales sank in Latin America.

Diageo Set For First Sales Decline Post-Covid

Diageo is set to post its first yearly sales decline since 2020 next week, as it aims to rectify its performance in significant markets.

Colgate-Palmolive Raises 2024 Forecast On Strong Demand

Colgate-Palmolive raised its forecasts for annual profit and organic sales after beating second-quarter estimates on resilient demand.

Diageo Announces New Mexican Boss After Profit Warning

Diageo has appointed a new head of Mexico, where a build up of unsold inventory helped drive a profit warning last year.

Diageo Fails To Cheer Investors In First Half As Shares Slip 3%

Shares in spirit maker Diageo slipped over 3% on Tuesday as it warned of continuing troubles in Latin America.

Diageo Warns On Profit As Latin America, Caribbean Demand Falters

Diageo recently said that it expected organic operating profit growth to decline in the first half of its current financial year due to 'materially we...

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