Spirits giant Diageo said U.S. tariffs on goods from Mexico and Canada could amount to a $200 million hit on its annual operating profit. Imports from Canada and Mexico represent about 45% of Diageo’s ...
The facility is expected to create approximately 100 jobs and will manufacture alcoholic beverages from Diageo’s portfolio. The plant brings Diageo closer to its distributors in the South ...
The company is warning investors of the potential impact — if tariffs take effect next month — on the spirits business’ ...
Diageo, home to Johnnie Walker, has struggled. Legacy problems in Latin America, where there was overstocking, were an early ...
Diageo withdrew its medium-term guidance due to tariff uncertainty. Tariffs on Canada and Mexico would impact brands such as Crown Royal, Don Julio, and Casamigos among others. The H1/FY2025 ...
LONDON, Feb 4 (Reuters) - Diageo (DGE.L), opens new tab estimates its operating profit could be dented by roughly $200 million if U.S. tariffs on Mexico and Canada are implemented in March ...
Spirits giant Diageo said U.S. tariffs on goods from Mexico and Canada could amount to a $200 million hit on its annual operating profit. Imports from Canada and Mexico represent about 45% of ...
DRINKS giant Diageo has warned it could face a £160million hit to its profits if Donald Trump presses ahead with tariffs on Canada and Mexico. It is heavily exposed — with 42 per cent of its US ...