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 battle in the US, its biggest market. The maker of Johnnie Walker whisky has removed its medium term guidance of 5% to 7% organic net sales growth,
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 imports from Mexico and Canada.
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.
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 derail its recovery from a protracted post-Covid hangover
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.
Spirit giant Diageo scraps sales target as US tariffs loom
The spirit giant has said it is talking with the US Government over upcoming tariff policies which could ‘impact’ its sales recovery.
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 ...
Guinness owner Diageo says it could lose $200M in profits from tariffs
The company is warning investors of the potential impact — if tariffs take effect next month — on the spirits business’ ...
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 ...
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 ...
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%.
The Diageo share price could be a long-term bargain. But is it?
This shareholder reckons a strong brand portfolio could mean the Diageo share price turns out to be a bargain. So will he buy ...
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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 ...
Top investors question Diageo's growth goals
Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next ...
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, ...