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 ...
Yahoo Finance7d
Diageo’s “return to growth” overshadowed by tariff risks – key takeaways
Diageo CEO Debra Crew has sought to emphasise the group's “return to growth” but, as one analyst put it, a $200m profit risk from potential US tariffs "pooped the party". "I know it's like ...
Robb Report6d
Diageo’s Non-Alcoholic Spirits Are up by 56%, Outperforming Its Alcoholic Brands
But one bright spot, according to CEO Debra Crew, is the low and no-alcohol category of spirits, which is surpassing traditional booze by a wide margin in popularity and profitability.
CNBC on MSN8d
Spirits maker Diageo removes medium-term guidance on U.S. tariff uncertainty
The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward ...
Desejo Luxo on MSN1d
Consumption of non-alcoholic beverages rises by 56% and surpasses traditional spirits
Diageo, a giant in the beverage sector, revealed in a press conference this week a mixed balance of profits and sales across ...
DEO Earnings: Guinness and Tequila Maker Pulls Sales Forecast on Tariffs Fear
Drinks giant Diageo (DEO) failed to provide a future sales forecast today, because of uncertainty around President Trump’s ...
Business Insider8d
Guinness and Smirnoff owner blames tariff uncertainty for scrapping sales guidance
Four years ago Diageo set a target for organic net sales growth of 5% to 7% annually. CEO Debra Crew said Trump's threat of 25% tariffs on imports from Canada and Mexico over the weekend — which ...
Drinks7d
Diageo’s “return to growth” overshadowed by tariff risks – key takeaways
While Diageo's first-half results were positive in a tough spirits market, analysts still have woes over potential impact of ...