Scotch whisky, on the other hand, is still facing some serious challenges: Diageo’s wide-ranging scotch portfolio was down 20 percent, and even global brand behemoth Johnnie Walker saw a 6 ...
Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining.
Imposing a tariff on these imports will not protect American jobs as neither can be produced in the U.S., but instead lead to retaliatory actions against the U.S. distilled liquor industry.
Threat of tariffs adds uncertainty to brands like Casamigos and Patrón, which are struggling to retain drinkers.
Liquor tends to enjoy stable sales ... There had been some rumors going around that Diageo might be interested in divesting its Guinness brand following the company’s declining net organic ...
Global makers of alcoholic drinks like Diageo are caught in the cross-fire of a major trade war as threatened tariffs -- ...
Greenleaf Trust lessened its holdings in shares of Diageo plc (NYSE:DEO – Free Report) by 66.4% in the fourth quarter, ...
The Diageo share price continues to face a barrage of challenges. Should I just sell this struggling FTSE 100 dividend stock?
Diageo plc (OTCMKTS:DGEAF – Get Free Report) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 1,015,900 shares, a growth of 14 ...
GUINNESS-owner Diageo withdrew its ambitious sales growth target on Tuesday (Feb 4), in an acknowledgement a prolonged ...
7d
Irish Examiner on MSNDiageo scraps medium-term goals as tariffs cloud outlookCompany said it had withdrawn its guidance for medium-term organic net sales growth of between 5% and 7% due to macroeconomic ...
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