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.
Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining.
The company is warning investors of the potential impact — if tariffs take effect next month — on the spirits business’ ...
The spirits maker said U.S. trade tariffs could derail its recovery as it withdrew its target of organic net sales growth ...
Analysis of Diageo plc's sales growth in various regions, investor concerns, and share price slump, suggesting a buying ...
Congress leader and Sivaganga Member of Parliament (MP) Karti Chidambaram has approached the Delhi High Court seeking ...
Spirits giant Diageo said U.S. tariffs on goods from Mexico and Canada could amount to a $200 million hit on its annual ...
The maker of Johnnie Walker whisky and Guinness beer had earlier forecast medium-term organic net sales growth of 5% to 7%.
The Guinness maker is expanding operations in the South, saying the facility will improve its sustainability footprint and ...
When it comes to sustainability, you might expect the next big packaging design breakthrough to come via a very innovative, ...
This shareholder reckons a strong brand portfolio could mean the Diageo share price turns out to be a bargain. So will he buy ...
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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