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 ...

Diageo, the maker of Guinness stout and Smirnoff vodka, said Monday it would cut costs to reduce debt, as the British group ...

(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 ...

The world's biggest spirits maker, Diageo, said on Monday that the impact of President Trump's tariffs is expected to be $150 million "on an annualized basis." A 10% tariff on United Kingdom and ...

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 ...

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 reported its third-quarter trading update, with reported net sales up 2.9% year over year. Organic revenue growth of 5.9% was partially offset by foreign-exchange headwinds and disposals.

Diageo, which is behind well-known alcoholic drinks brands including Guinness and Johnnie Walker whiskey, said in an update on Monday that it expects to lose $150 million annually from duties ...

Diageo has revealed plans to implement a $500m cost savings programme over three years, to enable reinvestment in future growth and ‘improved operating leverage’. The alcohol giant announced ...

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 ...

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 ...