Diageo PLC closed 27.29% below its 52-week high of £30.56, which the company achieved on February 28th.
Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining.
Diageo estimates its operating profit could be dented by roughly $200 million if U.S. tariffs on Mexico and Canada are ...
The spirits maker said U.S. trade tariffs could derail its recovery as it withdrew its target of organic net sales growth ...
The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward ...
The maker of Johnnie Walker whisky and Guinness beer had earlier forecast medium-term organic net sales growth of 5% to 7%.
The maker of Don Julio tequila and Crown Royal whisky said on Tuesday it can’t provide financial guidance because of the ...
Diageo Plc scrapped a long-held sales target as the British distiller grapples with sluggish growth and a possible tariff ...
Diageo withdrew its ambitious sales growth target on Tuesday, in an acknowledgement a prolonged downturn in demand and ...
Spirits giant Diageo said U.S. tariffs on goods from Mexico and Canada could amount to a $200 million hit on its annual ...
Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next ...
Diageo has faced additional challenges, namely the profit warning and its aftermath. One significant investor, Fundsmith, ...
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