Drinks giant Diageo today reported a return to sales growth but warned that US tariffs could impact the company’s “building ...
The company is warning investors of the potential impact — if tariffs take effect next month — on the spirits business’ bottom line.
CEO Debra Crew said Diageo was taking action to "mitigate the impact and disruption to our business that tariffs may cause." ...
GUINNESS-owner Diageo withdrew its ambitious sales growth target on Tuesday (Feb 4), in an acknowledgement a prolonged ...
GUINNESS-owner Diageo estimates its operating profit could be dented by roughly US$200 million if US tariffs on Mexico and ...
Trump’s tariffs cloud the outlook and are a major kick in the teeth for shareholders” – Charlie Huggins, Wealth Club ...
Guinness owner Diageo has ditched its medium-term guidance as it warned US tariff measures could stymie a recovery in demand.
The FTSE 100 index stood 22.42 points lower at 8561.14, while the FTSE 250 index lost 21.26 points to 20,690.50. Vodafone ...
The Guinness owner cut marketing spend by 2% in the first half of the year, as its new CFO puts the emphasis on “rigour” and ...
The owner of Gordons gin and Baileys is also predicted to announce a 2% decrease in organic operating profits for the same ...
Guinness has proven to be a golden goose for Diageo in recent years. Last July, the company said strong sales of Guinness, ...
Beijing intends to introduce retaliatory tariffs on a range of US products as the trade war with Donald Trump moves up a gear ...