Diageo scraps sales growth target, cites looming US tariffs

February 04, 2025 02:41 PM GMT | By EODHD
 Diageo scraps sales growth target, cites looming US tariffs
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Alcohol maker and distributor Diageo (DEO) — known for brands such as Guinness, Smirnoff, Johnnie Walker, and Captain Morgan — has scrapped its midterm guidance, originally forecasting a sales growth target of 5 to 7%, amid tariff uncertainties and "complexity." Morning Brief hosts Seana Smith and Brad Smith report more on the news. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Related Videos 04:39 Portfolio manager's guide to hedging against tariffs, volatility Yahoo Finance Video • 21 hours ago 04:57 Bitcoin behaving like 'even riskier asset' on policy uncertainty Yahoo Finance Video • 7 minutes ago 03:32 What Is USAID and Why Do Elon Musk and Trump Want It Shut Down? WSJ • 15 hours ago 49:49 Trump's tariff fallout, REIT strategies: Market Domination Yahoo Finance Video • 16 hours ago View Comments

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