Diageo sees flat 2026 sales, warns of $200m tariff impact

Diageo steps up cost-cutting to buffer macro, tariff headwinds (DEO:NYSE)

Diageo (NYSE:DEO) targets $125M in additional cost savings to combat macroeconomic pressures and boost shareholder returns.

Diageo sees $200m a year tariffs hit but Guinness remains a bright spot

Diageo Plc expects muted sales growth in this fiscal year, as the drinks maker seeks to recover from a challenging period including the sudden exit of its chief executive officer.

Guinness Owner Diageo Ups Savings As US Tariffs Hit

Diageo, the maker of Guinness stout and Smirnoff Vodka, reported Tuesday a sharp drop in annual net profit and raised its cost-savings targets as US tariffs hit.

Diageo sees flat 2026 sales, warns of $200m tariff impact

Diageo, the world's biggest spirits maker, has forecast flat fiscal 2026 sales as it raised its estimate of the impact from US tariffs to $200 million per year, and hiked its cost-savings target by about $125 million.

Diageo warns of tariff hit as it reflects on a challenging year

Diageo, headquartered in London, experienced a nearly 30% profit decline from June 2024 to June 2025 amid challenging global market conditions

Diageo Warns Of More Tough Times Ahead; Seeking More Cost Savings

Alongside its annual result statement today, global drinks giant Diageo announced that it was raising its cost-savings target after forecasting a worse-than-expected hit to its profits from US tariffs in the year ahead. The owner of brands such as Guinness, (more…) The post Diageo Warns Of More Tough Times Ahead; Seeking More Cost Savings appeared first on KamCity.