Drinks giant Diageo says trade war could wipe $200 million off profits - The drinks giant is scrapping its 5% to 7% “medium ...
Diageo, the renowned British drinks company behind brands like Johnnie Walker, Guinness, Smirnoff, and Baileys, is bracing ...
In addition to scotch distilleries and whiskies like Lagavulin, Talisker, Dalwhinnie, and Oban, Diageo owns major tequila ...
The owner of Gordons gin and Baileys is also predicted to announce a 2% decrease in organic operating profits for the same ...
Rumours of a Guinness spin-off seem to have been dismissed, according to Chris Beckett, head of research at Quilter Cheviot ...
Drinks maker Diageo has scrapped its long-standing sales growth guidance, blaming the uncertainty over US tariffs and weak ...
Analysts weigh in on the potential implications of the impending Trump tariffs in the US - the British drinks giant’s biggest ...
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”.
All eyes will be on chief executive Debra Crew and chief financial officer Nik Jhangiani on Tuesday, when the FTSE 100 spirits giant will unveil its half-year results. Investors have called on the ...
At a press conference this week, drinks giant Diageo revealed a mixed bag of results concerning profits and sales in its wide portfolio of scotch whisky and tequila. But one bright spot ...
Drinks giant Diageo has scrapped a key sales growth target after its admitted President Trump’s threatened tariffs against Mexico and Canada could wipe $200 million off profits in the second ...