Workflow
Spirits maker Diageo removes medium-term guidance on U.S. tariff uncertainty
DEODiageo(DEO) CNBC·2025-02-04 07:16

Spirits maker Diageo said Tuesday that it is taking measures to deal with the potential impact of U.S. tariffs and has removed its medium-term guidance due to macroeconomic and geopolitical uncertainty."We are taking a number of actions to mitigate the impact and disruption to our business that tariffs may cause, and we will also continue to engage with the U.S. administration on the broader impact that this will have on everyone supporting the U.S. hospitality industry, including consumers, employees, dist ...