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Diageo: Fighting An Uphill Tariff Battle
Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining. Learn more on DEO stock here.
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 implemented in March, its finance chief Nik Jhangiani said on Tuesday, adding it had strategies to offset the impact.
Diageo Faces a $200 Million Profit Hit Amid Trump Tariff Threats
Diageo, the renowned British drinks company behind brands like Johnnie Walker, Guinness, Smirnoff, and Baileys, is bracing for a challenging period as it confronts the impact of new US tariffs. The
1d
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 ...
FoodBev Media
2h
Diageo removes medium-term guidance amid US tariff concerns
In its 2025 interim results announcement, Diageo scrapped its medium-term guidance due to macroeconomic and geopolitical ...
1h
on MSN
What Makes Diageo (DEO) an Attractive Investment Opportunity?
RGA Investment Advisors, an investment management company, released its fourth quarter 2024 investor letter. A copy of the ...
2d
on MSN
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 ...
2d
on MSN
Smirnoff Maker Diageo Scraps Midterm Guidance Amid Tariff Uncertainty
The spirits maker said U.S. trade tariffs could derail its recovery as it withdrew its target of organic net sales growth ...
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 ...
5h
Diageo plc (NYSE:DEO) Stock Holdings Lessened by Greenleaf Trust
Greenleaf Trust lessened its holdings in shares of Diageo plc (NYSE:DEO – Free Report) by 66.4% in the fourth quarter, ...
1d
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 ...
1h
Diageo share price hangover drags on as tariff threat looms
Diageo gave a sobering read on Donald Trump's burgeoning tariff war this week, blaming the White House for threatening to ...
2d
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%.
Food Dive
2d
Diageo to build $415M alcohol plant in Alabama
The Guinness maker is expanding operations in the South, saying the facility will improve its sustainability footprint and ...
1d
Diageo PLC (DEO) H1 2025 Earnings Call Highlights: Strong Brand Growth Amidst Global Challenges
Diageo PLC (DEO) reports robust performance in key markets, while navigating economic headwinds and strategic investments.
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