Diageo scraps growth guidance as US tariff threat dents outlook
US President Donald Trump on Monday pulled back from imposing 25 per cent tariffs on US imports from Mexico and Canada, giving the countries a 30-day reprieve. Diageo is the spirits group most exposed if the US goes ahead with the levies.
Diageo estimates its operating profit could be dented by roughly $200 million if U.S. tariffs on Mexico and Canada are ...
Analysis of Diageo plc's sales growth in various regions, investor concerns, and share price slump, suggesting a buying ...
Spirits giant Diageo said U.S. tariffs on goods from Mexico and Canada could amount to a $200 million hit on its annual ...
Alcoholic beverage company Diageo Plc (NYSE:DEO) released first-half FY25 earnings results and suspended medium-term guidance ...
The maker of Johnnie Walker whisky and Guinness beer had earlier forecast medium-term organic net sales growth of 5% to 7%.
January is when millions of western drinkers forgo alcohol for a month. But investors’ abstinence from European spirits companies has lasted for years. Half-year results from Diageo on Tuesday will do ...
The Johnnie Walker brand owner had previously forecasted medium-term organic top-line growth of 5-7% when it reported annual ...
Diageo reports a return to growth in its fiscal 25 first half year results this morning, despite a challenging environment ...
Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next ...
All eyes will be on chief executive Debra Crew and chief financial officer Nik Jhangiani on Tuesday, when the FTSE 100 spirits giant will unveil its half-year results. Investors have called on the ...
Diageo knew tariffs were coming, but being "effective immediately" has left it to deal with uncertainty in 2025.
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