United States securities and exchange commission logo
April 5, 2024
Lavanya Chandrashekar
Chief Financial Officer
Diageo plc
16 Great Marlborough Street
London W1F 7HS, England
Re: Diageo plc
Form 20-F for the
fiscal year ended June 30, 2023
Filed August 3,
2023
File No. 001-10691
Dear Lavanya Chandrashekar:
We have reviewed your March 26, 2024 response to our comment
letter and have the
following comment.
Please respond to this letter within ten business days by
providing the requested
information or advise us as soon as possible when you will respond. If
you do not believe a
comment applies to your facts and circumstances, please tell us why in
your response.
After reviewing your response to this letter, we may have
additional comments. Unless
we note otherwise, any references to prior comments are to comments in
our March 12, 2024
letter.
Form 20-F for the Fiscal Year Ended June 30, 2023
Operating results 2023 compared with 2022
Income statement, page 66
1. We note that the line
items for Adjusted columns of the template form of the table you
provided in response to
prior comment 1, appear to present a substantially full income
statement of non-GAAP
measures. Please tell us your consideration of Question 102.10 of
the Compliance and
Disclosure Interpretations on Non-GAAP Financial Measures and
Item 10(e)(1)(i)(A) of
Regulation S-K and tell us how you will apply the guidance
accordingly in future
filings.
Lavanya Chandrashekar
FirstName
Diageo plc LastNameLavanya Chandrashekar
Comapany
April NameDiageo plc
5, 2024
April 25, 2024 Page 2
Page
FirstName LastName
Please contact Eiko Yaoita Pyles at 202-551-3587 or Melissa Gilmore at
202-551-3777 if
you have questions regarding comments on the financial statements and related
matters.
Sincerely,
Division of
Corporation Finance
Office of
Manufacturing