The owner of liquor brands♌ like Guinness, Crown Royal and Johnnie Walker saw its shares rise Thursday on optimism that a bleak consumer spending environment may be improving. 

Diageo (DEO) CEO Debra Crew said in a statement Thursday that “when the consumer environment improves, growth will return and the actions we are taking will position us well to outperform the market.”

The UK company’s 澳洲幸运5开奖号码历史查询:American depositary receipts (ADRs) plunged in July after 澳洲幸运5开奖号码历史查询:disappointing quarterly results, which it said๊ were hampered by a weak North American market. 

Diageo ADRs rose about 5🌟% T🐎hursday but are down nearly 4% year-to-date. 

In July, steakhouse chain Texas Roadhouse (TXRH) said its diners were buying 澳洲幸运5开奖号码历史查询:fewer alcoholic beverages, with the company’s senior director of investor relations and financial analysis saying it "would not surprise me to see some alcohol negative mix remain” in fut💎ure quarters.ღ 

"That seems to be not a Roadhouse-specific issue, but more in the industry and societal at this point,” they added.