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Guinness owner Diageo says it could lose $200M in profits from tariffs
The company is warning investors of the potential impact — if they take effect next month — on the spirits business’ bottom line.
Diageo Faces a $200 Million Profit Hit Amid Trump Tariff Threats
Diageo, the renowned British drinks company behind brands like Johnnie Walker, Guinness, Smirnoff, and Baileys, is bracing for a challenging period as it confronts the impact of new US tariffs. The
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. Learn more on DEO stock here.
2d
on MSN
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.
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." ...
12d
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 ...
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 ...
FoodBev Media
3h
Diageo removes medium-term guidance amid US tariff concerns
In its 2025 interim results announcement, Diageo scrapped its medium-term guidance due to macroeconomic and geopolitical ...
8d
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 ...
Marketing Week
2d
Strong Guinness performance offset weak spirits demand in the UK for Diageo
Around one in ten pints sold in Great Britain is now a Guinness, with its parent company hailing brand-building, its Premier ...
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 ...
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 ...
Business Times
2d
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 ...
2h
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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