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Diageo’s “return to growth” overshadowed by tariff risks – key takeaways
The group’s first-half results arrived hot on the heels of President Trump’s announcement of a one-month pause to tariffs on imports in Mexico and Canada.
Diageo Removes Sales Growth Target as US Tariff Battle Looms
Diageo Plc scrapped a long-held sales target as the British distiller grapples with sluggish growth and a possible tariff battle in the US, its biggest market. The maker of Johnnie Walker whisky has removed its medium term guidance of 5% to 7% organic net sales growth,
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 for spirits. But North America – its largest market – could be hit by Trump’s
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.
Spirit giant Diageo scraps sales target as US tariffs loom
The spirit giant has said it is talking with the US Government over upcoming tariff policies which could ‘impact’ its sales recovery.
3h
on MSN
Diageo is defended by HSBC due to attractive valuation, improving fundamentals
HSBC defended Diageo ( NYSE: DEO) on Wednesday after the British multinational alcoholic beverage company's post-earnings ...
21h
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 ...
16h
on MSN
Tariffs could deal $200 million blow to Diageo in second half
Diageo estimates its operating profit could be dented by roughly $200 million if U.S. tariffs on Mexico and Canada are ...
1d
Diageo Q2: When Pessimism Becomes Too Much
Analysis of Diageo plc's sales growth in various regions, investor concerns, and share price slump, suggesting a buying ...
1d
Diageo scraps medium-term guidance amid tariffs “complexity”
The Johnnie Walker brand owner had previously forecasted medium-term organic top-line growth of 5-7% when it reported annual ...
6h
on MSN
The Diageo share price could be a long-term bargain. But is it?
This shareholder reckons a strong brand portfolio could mean the Diageo share price turns out to be a bargain. So will he buy more shares?
Nairametrics
6h
Diageo sells 80.4% stake in Guinness Ghana to Castel Group for $81 million, outlines terms
Diageo plc has officially announced the sale of an 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group, as ...
1d
Diageo Withdraws Medium-Term Sales Forecast
The maker of Johnnie Walker whisky and Guinness beer had earlier forecast medium-term organic net sales growth of 5% to 7%.
7d
Top investors question Diageo's growth goals
Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next ...
1d
on MSN
Diageo Stock Drops After Earnings. Trump Tariffs Make Guidance Impossible.
For makers of some of America’s favorite drinks, the drama over President Donald Trump’s plans to put tariffs on imported ...
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