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Diageo, Guinness
Tariffs add a new twist as Don Julio tequila and Guinness maker Diageo faces a rocky 2025
Diageo knew tariffs were coming, but being "effective immediately" has left it to deal with uncertainty in 2025.
Diageo: Guinness maker warns tariffs could offset recovery
Double-digit growth in Diageo's iconic drinks brand Guinness helped the company to recover, as it prepares for possible tariffs under Trump.
Smirnoff Maker Diageo Scraps Midterm Guidance Amid Tariff Uncertainty
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 Stock Drops. After Earnings. Trump Tariffs Make Guidance Impossible.
With the cloud of levies on all imports still hanging over the outlook, the maker of Don Julio tequila, on Monday scrapped its financial guidance for the coming year.
Tequila maker Diageo axes sales target on Trump tariffs
Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with President Donald Trump's tariff plans set to sour its US sales of tequila
1d
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’ ...
2d
on MSN
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." ...
Food Dive
3d
Diageo to build $415M alcohol plant in Alabama
The Guinness maker is expanding operations in the South, saying the facility will improve its sustainability footprint and ...
13d
Diageo exploring potential spin-off or sale of Guinness, Bloomberg News reports
Diageo , the world's top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its ...
11d
on MSN
Diageo denies reports it is considering selling Guinness or its stake in Moët Hennessy
The report said Diageo's stake in Moët Hennessy was also being reviewed."We will next update the market with Interim results ...
2d
Diageo ‘working round the clock’ to replenish Guinness stocks
Diageo was “working round the clock to replenish stock levels,” and ensure supplies were available for rugby’s Six Nations ...
9d
Diageo to sell Guinness Ghana stake to Castel for $81 mln
Spirits giant Diageo has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on ...
3d
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 ...
Irish Independent on MSN
2d
Diageo faces tariff threat in North America but Guinness is good for drinks giant
Guinness is "working around the clock" to increase supplies of stout after a "sell-out" Christmas that saw shortages at some ...
Nairametrics
1d
Diageo sells 80.4% stake in Guinness Ghana to Castel Group for $81 million, outlines terms
Diageo plc has officially announced the sale of an 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group, as ...
17h
Diageo share price hangover drags on as tariff threat looms
Diageo gave a sobering read on Donald Trump's burgeoning tariff war this week, blaming the White House for threatening to ...
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