Don Julio-maker Diageo reels from a profit-sinking inventory hangover as Latin America’s drinkers work through a pandemic spirits glut

Don Julio-maker Diageo reels from a profit-sinking inventory hangover as Latin America’s drinkers work through a pandemic spirits glut

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Diageo, the group behind Jonnie Walker, Don Julio, and Guinness, knows a thing or two about hangovers. Unfortunately, it’s going to take more than a few painkillers to help it overcome its own lengthy battles with an inventory pile-up in Latin America that refuses to go away. The drinks maker…

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