The spirits maker said U.S. trade tariffs could derail its recovery as it withdrew its target of organic net sales growth over the medium term.
Diageo knew tariffs were coming, but being "effective immediately" has left it to deal with uncertainty in 2025.
The key motivation for Diageo's acquisition strategy is to broaden the product portfolio, which is critical in the on-trade channel (bars, restaurants, pubs). Volume in the spirits industry is more ...
Diageo, which also makes Gordon’s gin and Baileys, said it is talking to the US Government over upcoming tariff policies.
UK spirits major Diageo has pulled its medium-term guidance for its full year fiscal 2025 amid "macroeconomic and ...
At the end of a wild peninsula battered by winds in west Scotland is a zero-carbon whisky distillery that's bracing for the ...
The Guinness and Johnnie Walker owner's share price hit a seven-year low amid declining sales, with US tariffs threatening to ...
Drinks giant Diageo (DEO) failed to provide a future sales forecast today, because of uncertainty around President Trump’s ...
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Q2 2025 Earnings Conference Call February 4, 2025 2:15 AM ETCompany ParticipantsDebra Crew - Chief Executive OfficerNik Jhangiani ...