Drinks giant Diageo says trade war could wipe $200 million off profits - The drinks giant is scrapping its 5% to 7% “medium ...
WhiskeyPulse on MSN9d
Diageo Faces a $200 Million Profit Hit Amid Trump Tariff ThreatsDiageo, 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 ...
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 ...
Diageo plc could be severely impacted by an escalating trade war in North America, as the market is currently its biggest ...
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Irish Independent on MSNDiageo faces tariff threat in North America but Guinness is good for drinks giantGuinness is "working around the clock" to increase supplies of stout after a "sell-out" Christmas that saw shortages at some ...
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 ...
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