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Diageo, Trump
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 operating profit. Imports from Canada and Mexico represent about 45% of Diageo’s U.
Diageo warns Donald Trump tariffs could see profits plummet by £161m
The spirits giant warned that it was taking a hit from volatile consumer demand, with the company having scrapped a key sales target due to the uncertainty
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 Stock Drops. After Earnings. Trump Tariffs Make Guidance Impossible.
With the cloud of levies on all imports still hanging over the outlook, the maker of Don Julio tequila, on Monday scrapped its financial guidance for the coming year.
Tequila maker Diageo axes sales target on Trump tariffs
Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with President Donald Trump's tariff plans set to sour its US sales of tequila
Spirits giant Diageo says Trump tariffs could hit profits by £161m
Diageo, which also makes Gordon’s gin and Baileys, said it is talking to the US Government over upcoming tariff policies.
7h
on MSN
Tariffs add a new twist as Don Julio tequila and Guinness maker Diageo faces a rocky 2025
Diageo knew tariffs were coming, but being "effective immediately" has left it to deal with uncertainty in 2025.
6h
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 ...
7h
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 ...
Marketing Week
6h
Diageo’s new CFO pledges greater ‘rigour’ in measuring marketing effectiveness
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 ...
5h
Alcohol Giant Diageo Suspends Medium-Term Guidance As Trump's Tariff Looms
Alcoholic beverage company Diageo Plc (NYSE:DEO) released first-half FY25 earnings results and suspended medium-term guidance ...
5h
Diageo offers investors little reason to break their sobriety
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 ...
14h
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%.
12h
on MSN
Drinks giant Diageo says trade war could wipe $200 million off profits
Drinks giant Diageo has scrapped a key sales growth target after its admitted President Trump’s threatened tariffs against ...
5h
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 ...
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Tariffs
Canada
Guinness
Mexico
Donald Trump
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