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’ ...
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 Dive3d
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 ...
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 ...
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 ...
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 ...
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 MSN2d
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 ...
Nairametrics1d
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 ...
Business Times2d
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 ...
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 ...