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’s Non-Alcoholic Spirits Are up by 56%, Outperforming Its Alcoholic Brands
In addition to scotch distilleries and whiskies like Lagavulin, Talisker, Dalwhinnie, and Oban, Diageo owns major tequila ...
Tariffs could deal $200 million blow to Diageo in second half
STORY: Diageo estimates its operating profit could be dented by roughly $200 million.That's if U.S. tariffs on Mexico and ...
Diageo Projects $200 Million Profit Hit From Mexico, Canada Tariffs
Spirits giant Diageo said U.S. tariffs on goods from Mexico and Canada could amount to a $200 million hit on its annual ...
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.
American whiskey Bourbon set to take over Indian market, here's how
India slashed customs duty on bourbon whiskey, from 150% to 50%, effective February 13. This tariff cut is exclusive to ...
Tequila has to be made in Mexico. Diageo offers no financial outlook on tariff uncertainty.
The maker of Don Julio tequila and Crown Royal whisky said on Tuesday it can’t provide financial guidance because of the ...
India Cuts Bourbon Whisky Tariffs Following Trump’s Remarks
In an official notification issued on February 13, the central government announced the decision to reduce tariffs on bourbon ...
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Diageo’s Non-Alcoholic Spirits Are up by 56%, Outperforming Its Alcoholic Brands
At a press conference this week, drinks giant Diageo revealed a mixed bag of results concerning profits and sales in its wide portfolio of scotch whisky and tequila. But one bright spot ...