Food Business Update: Feb 28 - Australia (5 stories)

Saturday, 28 Feb 2026 Daily Food & Beverage Australia

Here is your Daily summary for Food & Beverage across Australia for Sat 28th February 2026

Diageo's shares have dropped 6% following a dividend cut and a grim outlook due to declining U.S. spirits sales, highlighting challenges in the premium alcohol market. Meanwhile, Sue Heward's Singing Magpie Sue is gaining attention for its premium sun-dried fruits, showcasing the Riverland region's agricultural potential and emphasizing the importance of local produce in a competitive market. In product innovation, Doritos has introduced high-protein chip options in the U.S., tapping into health-conscious consumer trends, while Keurig Dr Pepper reports an impressive 11.9% sales growth in its refreshment beverages segment, underscoring a strong demand for soft drinks.

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