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Diageo withdraws guidance as tariff fears bite

Beer volumes moved higher as spirits demand went backwards
Diageo withdraws guidance as tariff fears bitePublished on February 4, 2025
  • Concerns about weight-loss drugs impact
  • Leverage above target

Diageo (DGE) removed its medium-term guidance as challenges in its key US market worsened amid tariff complications, but the Johnnie Walker and Guinness owner returned to organic sales growth in its first half. 

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