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 results for fiscal 2024 in July. That guidance was "removed" today (4 February) as Diageo released its first-half numbers for the 2025 financial year.
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%. CEO Debra Crew said tariffs in the U.S. announced over the weekend added to "further complexity in our ability to provide updated forward guidance".
Diageo Plc scrapped a long-held sales target as the British distiller grapples with sluggish growth and a possible tariff ...
Spirits giant Diageo said U.S. tariffs on goods from Mexico and Canada could amount to a $200 million hit on its annual ...
Analysis of Diageo plc's sales growth in various regions, investor concerns, and share price slump, suggesting a buying ...
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 ...
Diageo reports a return to growth in its fiscal 25 first half year results this morning, despite a challenging environment ...
DRINKS giant Diageo has warned it could face a £160million hit to its profits if Donald Trump presses ahead with tariffs on Canada and Mexico. It is heavily exposed — with 42 per cent of its US ...
Diageo addresses the impact of US tariffs on supply chains and removes medium-term guidance due to macroeconomic and ...
Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback