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 ...
Guinness and Smirnoff owner blames tariff uncertainty for scrapping sales guidance
CEO Debra Crew said Diageo was taking action to "mitigate the impact and disruption to our business that tariffs may cause." ...
Drinks6d
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 ...
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.
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 ...
Yahoo Finance6d
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 ...