Diageo: Fighting An Uphill Tariff Battle
Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining.
Diageo sales drop as market shifts
The Guinness and Johnnie Walker owner's share price hit a seven-year low amid declining sales, with US tariffs threatening to ...
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’ ...
Barclays cuts Diageo stock price target to GBp26.60, keeps Overweight
Barclays (LON:BARC) analyst Laurence Whyatt adjusted the price target for Diageo PLC (LON:DGE:LN) (NYSE: DEO), a global leader in beverage alcohol, to GBp26.60, down from the previous GBp28.60. The ...
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Smirnoff Parent Diageo’s Stock In Spotlight After Company Warns of $200M Impact From Trump Tariffs: Retail’s Extremely Bearish
Shares of spirits company Diageo plc ($DEO) were in the spotlight as the company warned about a potential impact of $200 ...
'You have to stay agile because who knows what will happen'
The warning came as Diageo returned to growth in the first half of its financial year, despite a 5% fall in Scotch whisky sales amid the category's continuing struggles in North America and China.
Johnnie Walker maker sounds alarm over Trump threat in US
The Johnnie Walker and Guinness owner cautioned that sales of its Tequila and Canadian whiskey brands are at risk in North America after Mr Trump threatened to impose import tariffs of 25% on goods ...