The group’s first-half results arrived hot on the heels of President Trump’s announcement of a one-month pause to tariffs on ...
The company is warning investors of the potential impact — if tariffs take effect next month — on the spirits business’ bottom line.
Guinness drinkers have claimed the stout tastes better in its country of origin as an Irish landlord explains the reasoning.
The key motivation for Diageo's acquisition strategy is to broaden the product portfolio, which is critical in the on-trade channel (bars, restaurants, pubs). Volume in the spirits industry is more ...
UK spirits major Diageo has pulled its medium-term guidance for its full year fiscal 2025 amid "macroeconomic and ...
CEO Debra Crew said Diageo was taking action to "mitigate the impact and disruption to our business that tariffs may cause." ...
Diageo warned on Tuesday of a $200 million hit to its operating profits from U.S. tariffs on Mexican and Canadian imports and ...
The Guinness and Johnnie Walker owner's share price hit a seven-year low amid declining sales, with US tariffs threatening to ...
Guinness owner Diageo has ditched its medium-term guidance as it warned US tariff measures could stymie a recovery in demand.
Diageo reported pretax profit of USD2.77 billion in the six months to December 31, a fall of 9.9% from USD3.08 billion. Sales were largely flat at USD15.18 billion, while net sales fell 0.6% to ...
US President Donald Trump on Saturday announced sweeping measures against major trade partners including Canada and Mexico, with goods from China facing an additional 10% tariff on top of the duties ...
U.K. spirits maker Diageo scrapped its midterm outlook, citing macroeconomic and geopolitical uncertainty in key markets affecting the pace of recovery. The owner of Johnnie Walker, Guinness and ...