Food Dive2d
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 ...
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." ...
Diageo says it has no intention to sell Guinness or stake in Moet Hennessy
Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance recently ...
Food Dive4d
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 ...
Nairametrics2d
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 ...
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 ...
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 ...
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 ...
Marketing Week3d
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 ...
Business Times3d
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 ...