Food Dive5d
Guinness owner Diageo says it could lose $200M in profits from tariffs
The company is warning investors of the potential impact — if tariffs take effect next month — on the spirits business’ ...
Marketing Week6d
Diageo’s new CFO pledges greater ‘rigour’ in measuring marketing effectiveness
The Guinness owner cut marketing spend by 2% in the first half of the year, as its new CFO puts the emphasis on “rigour” and ...
Why Trump tariffs have cast a shadow on Johnnie Walker owner Diageo
Trump’s tariffs cloud the outlook and are a major kick in the teeth for shareholders” – Charlie Huggins, Wealth Club ...
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." ...
Business Times6d
Guinness-owner Diageo scraps medium-term goals as tariffs cloud outlook
GUINNESS-owner Diageo withdrew its ambitious sales growth target on Tuesday (Feb 4), in an acknowledgement a prolonged ...
Drinks giant Diageo expected to reveal another bumper performance by Guinness
The owner of Gordons gin and Baileys is also predicted to announce a 2% decrease in organic operating profits for the same ...
Diageo scraps medium-term guidance amid tariffs “complexity”
UK spirits major Diageo has pulled its medium-term guidance, citing "macroeconomic and geopolitical uncertainty". The Johnnie ...
This is Money6d
Diageo axes medium-term guidance on Trump tariff concerns
Guinness owner Diageo has ditched its medium-term guidance as it warned US tariff measures could stymie a recovery in demand. The drinks giant, which also owns Smirnoff vodka and Gordon's gin ...
dailybusinessgroup7d
China hits US as Diageo slides on tariff threats
Beijing intends to introduce retaliatory tariffs on a range of US products as the trade war with Donald Trump moves up a gear ...