Diageo First-Quarter Sales Miss Estimates Amid Asia Slump

Diageo reported a 1.5% decline in Q1 organic net sales, slightly worse than expected. North America saw a minor increase, while Europe and Asia Pacific underperformed. Africa met expectations, and Latin America showed unexpected strength. The new CEO, Ivan Menezes, is leading the company, which includes brands like Smirnoff and Guinness.

How did Diageo's North American organic net sales perform compared to estimates?

What were the expectations for Latin America's net sales, and how did they compare to actual results?

What was the performance of Diageo in the Asia Pacific region for the first quarter?

What was the percentage change in Diageo's organic net sales for the first quarter?

Who is the current CEO of Diageo, and how long has he been in the position?