Spirits maker Diageo removes medium-term guidance on U.S. tariff uncertainty
Diageo said Tuesday that it is taking steps to deal with the potential impact of U.S. tariffs and removed its medium-term guidance due to macroeconomic and geopolitical uncertainty. The drinks maker has come under pressure from investors amid falling sales,
Diageo investors in low spirits as drinks giant forfeits sales target in face of Trump’s tariff threat
Rumours of a Guinness spin-off seem to have been dismissed, according to Chris Beckett, head of research at Quilter Cheviot
Diageo Withdraws Medium-Term Sales Forecast
The maker of Johnnie Walker whisky and Guinness beer had earlier forecast medium-term organic net sales growth of 5% to 7%. CEO Debra Crew said tariffs in the U.S. announced over the weekend added to "further complexity in our ability to provide updated forward guidance".
Diageo scraps medium-term guidance amid tariffs “complexity”
UK spirits major Diageo has pulled its medium-term guidance for its full year fiscal 2025 amid "macroeconomic and geopolitical uncertainty".
Diageo scraps medium-term goals as tariffs cloud outlook
Diageo withdrew its ambitious sales growth target on Tuesday, in an acknowledgement a prolonged downturn in demand and uncertainty over U.S. President Donald Trump's tariffs require the spirits sector to make big adjustments.
Spirit giant Diageo scraps sales target as US tariffs loom
The spirit giant has said it is talking with the US Government over upcoming tariff policies which could ‘impact’ its sales recovery.
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Guinness owner Diageo says it could lose $200M in profits from tariffs
The company is warning investors of the potential impact — if they take effect next month — on the spirits business’ bottom ...
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Smirnoff Parent Diageo’s Stock In Spotlight After Company Warns of $200M Impact From Trump Tariffs: Retail’s Extremely Bearish
Shares of spirits company Diageo plc ($DEO) were in the spotlight as the company warned about a potential impact of $200 ...
Diageo: Half Full Or Half Empty?
Diageo reported H1 sales of $10.9 billion, down 0.6% YoY, mainly due to a negative FX, partially offset by higher top-line ...
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Diageo’s “return to growth” overshadowed by tariff risks – key takeaways
While Diageo's first-half results were positive in a tough spirits market, analysts still have woes over potential impact of ...
Diageo Projects $200 Million Profit Hit From Mexico, Canada Tariffs
Spirits giant Diageo said U.S. tariffs on goods from Mexico and Canada could amount to a $200 million hit on its annual ...
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Diageo to build $415M alcohol plant in Alabama
The Guinness maker is expanding operations in the South, saying the facility will improve its sustainability footprint and ...
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Diageo sees return to growth: but warns Trump’s tariffs could hit recovery
Diageo reports a return to growth in its fiscal 25 first half year results this morning, despite a challenging environment ...
Diageo Q2: When Pessimism Becomes Too Much
Analysis of Diageo plc's sales growth in various regions, investor concerns, and share price slump, suggesting a buying ...
What Makes Diageo (DEO) an Attractive Investment Opportunity?
RGA Investment Advisors, an investment management company, released its fourth quarter 2024 investor letter. A copy of the ...