0952 GMT - It would make sense for Diageo's chief executive to shed the drinks maker's China operations, as they aren't core to the company, says Dan Coatsworth, head of markets at AJ Bell. There have been some reports of interested buyers, he says. The company's North America operations are far more important than its China ones, and suggest that younger audiences are showing more interest in spirits than beer, which might give Diageo a push. But the North American spirits segment is very competitive, and results suggest that Diageo might fall behind rivals, Coatsworth says. Drinkers are increasingly turning to cheaper options, he adds. Shares are down 6.3% at 17.56 pounds. (aimee.look@wsj.com)

(END) Dow Jones Newswires

February 25, 2026 04:52 ET (09:52 GMT)

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