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 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 share price falls as company removes sales growth guidance amid tariff uncertainty: what investors need to know
Diageo addresses the impact of US tariffs on supply chains and removes medium-term guidance due to macroeconomic and geopolitical uncertainty.
Smirnoff Maker Diageo Scraps Midterm Guidance Amid Tariff Uncertainty
The spirits maker said U.S. trade tariffs could derail its recovery as it withdrew its target of organic net sales growth over the medium term.
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.
Alcohol Giant Diageo Suspends Medium-Term Guidance As Trump's Tariff Looms
Alcoholic beverage company Diageo Plc (NYSE:DEO) released first-half FY25 earnings results and suspended medium-term guidance. The company reported net sales of $10.9 billion for the half year ended December 2024,
Smirnoff Vodka Maker Diageo Scraps Midterm Guidance on Uncertainty in Key Markets
The spirits maker said macroeconomic and geopolitical uncertainty in key markets was affecting the pace of recovery as it withdrew its organic net sales target.
Diageo axes medium-term guidance on Trump tariff concerns
Guinness owner Diageo has ditched its medium-term guidance as it warned US tariff measures could stymie a recovery in demand.
Stocktwits on MSN19h
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 ...
Food Dive7h
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 ...
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 ...
Spirits giant Diageo says Trump tariffs could hit profits by £161m
Diageo, which also makes Gordon’s gin and Baileys, said it is talking to the US Government over upcoming tariff policies.
Drinks11h
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 ...
Beverage1d
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: Fighting An Uphill Tariff Battle
Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining.
Gin Raiders on MSN4h
28 Black-Owned Spirits Brands to Raise a Glass to Black History Month With
February is Black History Month, an excellent period of reflection for our country on the success, trials and tribulations of ...