Diageo withdrew its medium-term organic sales growth target as the world's top spirits maker took steps to try and mitigate ...
Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining.
UK spirits major Diageo has pulled its medium-term guidance, citing "macroeconomic and geopolitical uncertainty". The Johnnie ...
Pernod Ricard cut its sales forecasts for 2025 and beyond as tariffs weigh on the French spirits maker during an already tough time for the industry.
The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward ...
Diageo reported a slight 0.6% drop in net sales for H1 FY25, primarily due to unfavorable foreign exchange. The company ...
Diageo estimates its operating profit could be dented by roughly $200 million if U.S. tariffs on Mexico and Canada are implemented in March, its finance chief Nik Jhangiani said on Tuesday, adding it ...
European stocks are heading for a higher open Tuesday as global markets breathe a sigh of relief after U.S. President Donald ...
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.
European shares declined on Tuesday as new U.S. tariffs of 10 percent on Chinese imports took effect and China announced retaliatory ...
U.K. stocks are down in negative territory Monday morning, in line with other major markets in Europe, amid concerns about the impact ...
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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