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Guinness hat at St. Patrick's day celebration
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It’s a very happy St. Patrick’s Day for Guinness owner Diageo, as sales soar for the famous two-part pour

Over 1.8 billion pints are sold every year.

3/17/25 10:21AM

Sláinte! Today is St. Patrick’s Day, a celebration of the patron saint of Ireland that first originated in the Emerald Isle but is now celebrated everywhere from the States, to Singapore, to the UAE… not least because of the massive Irish diaspora, with ~10 million citizens having emigrated from Ireland since 1800.

But at the heart of the parades, shamrocks, and questionable leprechaun getups on display today stands one of the longest-held Irish institutions: the 250-year-old, Dublin-born stout, Guinness. March is always a shining highlight for the black stuff, as St. Paddy’s, which sees ~13 million pints of Guinness consumed, coincides with the Six Nations, a Guinness-sponsored rugby tournament — with Google searches for the drink spiking annually around this time.

However, over the last few years, Guinness has cemented its place in the mainstream, reaching regions and consumer segments previously impenetrable to it. Net sales were up 13% worldwide year over year for the six months up to December 31, 2024, according to parent company Diageo, with particularly strong bumps in North America (up 17%) and Europe (up 19%).

Guinness Sales
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Pulling power

Having seen a turnaround in the wake of the pandemic — perhaps in part because purists were drawn back to bars and pubs for the “perfectly poured” draft — Guinness has been a bright spot in Diageo’s beer segment, which made up 16% of the drinks giant’s sales in FY24 against a challenging backdrop throughout the booze industry.

Guinness’ secret? Trending on social media, with the craze of “splitting the G” going viral on TikTok; appealing to a broad spectrum of drinkers, as Diageo notes that the number of female Guinness drinkers is up 50% year on year; and, per The Economist, aligning better with modern palates on account of its distinctive “smoky tang.”

Zero dark… Alcohol-free Guinness has also been booming, as consumers continue to shift away from alcohol. Diageo reported that net sales of Guinness 0.0% more than doubled in Europe in fiscal 2024, and the alternative now accounts for ~3% of Guinness volumes globally.

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Fox and News Corp slide as investors digest $3.3 billion Murdoch succession settlement

Fox and News Corp shares dropped on Tuesday after Rupert Murdoch’s heirs agreed to a $3.3 billion settlement to resolve a long-running succession drama.

Under the deal, Prudence, Elisabeth, and James Murdoch will each receive about $1.1 billion, paid for in part by Fox selling 16.9 million Class B voting shares and News Corp selling 14.2 million shares. The stock sales will raise roughly $1.37 billion on behalf of the three heirs.

The new trust for Lachlan Murdoch will now control about 36.2% of Fox’s Class B shares and roughly 33.1% of News Corp’s stock, granting him uncontested voting authority over both companies for the next 25 years. Originally, the Murdoch trust was designed to hand over voting control of Fox and News Corp to Prudence, Elisabeth, Lachlan, and James after his death.

Investors are weighing the trade-off. Clear leadership under Lachlan may resolve conflict internally, but the share dilution, executed at a roughly 4.5% discount, means long-term investors now hold slightly less clout than before.

Both companies’ stocks were trading close to all-time highs prior to the announcement.

385 ✈️ 434

Boeing on Tuesday announced that it delivered 57 commercial jets in August, its best total for the month in seven years. That brings its year-to-date delivery total to 385 planes, eclipsing its full-year 2024 figure by about 11%.

The August figure marked Boeing’s second-highest delivery total of 2025 and represented a 43% jump from the same month last year. Through August, Boeing has boosted its deliveries by 50% from last year.

The plane maker is still trailing its European rival Airbus, which delivered 61 planes in August and 434 year to date.

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