When I was growing up, most products at the store had a tag that said “Made in the U.S.A.” These days, it’s more common to ...

Expects to make substantial asset sales, will hold onto Guinness Diageo aims for $3 billion free cash flow by 2026 Faces $150 million annualised tariff impact Q3 sales growth aided by pre-tariff ...

Diageo could make “substantial changes” to its product portfolio in the form of asset disposals, CFO Nik Jhangiani said today (19 May). Speaking to analysts, Jhangiani said Diageo had ...

(Reuters) -Diageo unveiled a plan on Monday to cut $500 million in costs and make substantial asset disposals by 2028, as the maker of Johnnie Walker whisky and Guinness beer looks to turn around ...

Bryn Colton / Getty Images Alcoholic beverage giant Diageo said in its fiscal third-quarter report Monday that it expects a $150 million annualized impact from tariffs. The Guinness, Smirnoff ...

St James’s Gate brewery in Dublin, where Guinness is brewed. Credit: Diageo Diageo is looking to save around $500m in costs over the next three years as part of the drinks giant’s effort to become ...

Diageo plc (NYSE:DEO) laid out plans for large cost savings as a way to offset an estimated $150 million hit from U.S. tariffs. The spirits company reported net sales for FQ3 increased by 2.9% to ...

Diageo could make “substantial changes” to its product portfolio in the form of asset disposals, CFO Nik Jhangiani said today (19 May). Speaking to analysts, Jhangiani said Diageo had identified ...

Drinks giant Diageo has outlined plans to slash costs after warning investors that US trade tariffs could cost the group around $150million (£113million) per year. Trump had previously slapped a ...

Diageo estimates U.S. tariffs will lead to a $150 million hit to profit on an annualized basis. The U.K. company behind Johnnie Walker whisky, Guinness beer and Smirnoff vodka has been trying to ...

Diageo is currently trading at a 10-year low of $107.6, having lost nearly half its value since 2022. Investor confidence has weakened due to multiple headwinds. First, the company has experienced a ...