Diageo figures 'hard' to gauge as Trump tariffs hamper outlook
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Diageo PLC's interim results show uncertainty due to US tariffs, leading to the scrapping of medium-term guidance despite beating sales and earnings estimates.
February 04, 2025 | 12:45 pm
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Diageo's interim results highlight uncertainty due to US tariffs, causing the company to scrap medium-term guidance despite beating sales and earnings estimates.
The scrapping of medium-term guidance due to US tariffs introduces uncertainty for Diageo, which could negatively impact investor sentiment and short-term stock performance despite positive sales and earnings results.
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