Guinness announced it would not sponsor the New York City St. Patrick's Day parade over the organizers' discrimination against LGBTQ groups marching in the parade. Diageo's North American President Larry Schwartz tells TheStreet's Debra Borchardt they tried to influence change, but when that was unsuccessful they decided to leave the parade. Even though Diageo got off to a slow start in sales this year, March seems to be picking up for the beverage giant.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

More from Video

Apple Blowing By a $1 Trillion Valuation Might Have to Wait for Now

Apple Blowing By a $1 Trillion Valuation Might Have to Wait for Now

GE Beats Earnings Estimates and 4 Other Stories You Must Know Friday Morning

GE Beats Earnings Estimates and 4 Other Stories You Must Know Friday Morning

Video: This One Mathematical Concept Can Make You a Millionaire

Video: This One Mathematical Concept Can Make You a Millionaire

AAP Exclusive: Nvidia is Tied to Crypto and That's Bad

AAP Exclusive: Nvidia is Tied to Crypto and That's Bad

Video: Abercrombie & Fitch Shares Surged 57% So Far This Year

Video: Abercrombie & Fitch Shares Surged 57% So Far This Year