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Diageo, Guinness
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’ bottom line.
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 British pubs.
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
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." ...
13d
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 ...
Food Dive
3d
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 ...
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 ...
9d
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 ...
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 ...
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 ...
Beverage
10d
Guinness is not for sale, says Diageo
Guinness brand owner Diageo says it has no intention of selling the high-performing stout, quashing rumors in the press over ...
Business Insider
11d
Diageo denies reports it is considering selling Guinness or its stake in Moët Hennessy
Drinks giant
Diageo
has denied reports that it is considering selling
Guinness
or its stake in Moët Hennessy. In a ...
15h
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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