Diageo scraps medium-term guidance amid tariffs “complexity”
UK spirits major Diageo has pulled its medium-term guidance, citing "macroeconomic and geopolitical uncertainty". The Johnnie Walker brand owner had previously forecasted medium-term organic top-line growth of 5-7% when it reported annual results for fiscal 2024 in July.
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 ...
The Guinness owner cut marketing spend by 2% in the first half of the year, as the new CFO puts the emphasis on “rigour” and ...
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 spirits giant warned that it was taking a hit from volatile consumer demand, with the company having scrapped a key sales ...
The maker of Johnnie Walker whisky and Guinness beer had earlier forecast medium-term organic net sales growth of 5% to 7%.
Diageo addresses the impact of US tariffs on supply chains and removes medium-term guidance due to macroeconomic and ...
Drinks giant Diageo today reported a return to sales growth but warned that US tariffs could impact the company’s “building ...
Diageo reports a return to growth in its fiscal 25 first half year results this morning, despite a challenging environment ...
The maker of Don Julio tequila and Crown Royal whisky said on Tuesday it can’t provide financial guidance because of the ...
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