The British group has been impacted by inflation-suffering consumers swapping its premium brands for cheaper beverages.
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.
CEO Debra Crew said Diageo was taking action to "mitigate the impact and disruption to our business that tariffs may cause." ...
After Donald Trump announced tariffs on Canada and Mexico, it is eminent to note that prices of alcohol and beer are likely ...
Guinness owner Diageo has ditched its medium-term guidance as it warned US tariff measures could stymie a recovery in ...
Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with President ...
Makers of alcoholic beverages such as Johnnie Walker whisky and Corona beer could be caught in the crosshairs of a potential ...
U.K. spirits maker Diageo scrapped its midterm outlook, citing macroeconomic and geopolitical uncertainty in key markets affecting the pace of recovery. The owner of Johnnie Walker, Guinness and ...
The British beverage company, known for brands such as Johnnie Walker and Smirnoff, has about 46% exposure to imports from ...
Makers of alcoholic beverages, including Johnnie Walker and Corona beer, could be caught in the crosshairs of a potential ...
We recently compiled a list of the 10 Best Alcohol Stocks To Buy According to Analysts. In this article, we are going to take a look at where Diageo plc (NYSE:DEO) stands against the other alcohol ...