Diageo, maker of Guinness and Johnnie Walker, releases fiscal 25 Q3 results

Diago, the world’s largest lifemaker, said on Monday that President Trump’s tariff is expected to be $ 150 million “on an annual basis.”

The company said in a circulation statement in the third financial quarter that the 10 % customs tariffs in the United Kingdom and European imports in the United States are the cause.

“In the third quarter, we have handed over a strong growth in organic sales and we are on the right path to provide our guidance on the serial improvement in net organic sales in the second half of the 25th financial match,” Diago Debra Crowe CEO said in a statement.

“We have also released the organizing employment profit expectations for the 25th year, including the effect of definitions based on what we know at this time,” I continued.

Toyota sees a profit of $ 1.3 billion from the Trump tariff in two months

In February, Diaageo estimated that its annual strikes of duties would be approximately $ 200 million, after tax threats of 25 % affecting the Mexican and Canadian whiskey Tikila.

Diaageo plans to save $ 500 million in costs by 2028 after sales drops and its expected revision from the American customs tariff, with the threat of fees on Mexico and Canada decreased.

Crowe said in the statement that the plan would help the Johnnie Walker Whisky and Guinness Beer make about $ 3 billion in free cash flow annually from the 2026 fiscal year and reduce debt.

Consumer morale in the United States decreased to a low record in May due to inflation concerns and uncertainty in customs tariffs

Half a liter of the Guinness Book of Old Schlelang’s house on January 29, 2025 in Stoke Newington, London, England. (Brain Colon / Getti Emaiz)

Diaageo generates about 45 % of sales in the United States of products that should be made in Mexico or Canada.

The soul industry was already struggling with a sharp decrease in sales, amid high interest rates and inflation when President Donald Trump announced the collective tariff plans that threatened more sales.

Johnnie Walker Red Label, Jack Daniel’s and Jim Beam Whisky bottles for sale in a store, in Bremen, Germany, on Saturday, May 3, 2025. (Krisztian Bocsi / Bloomberg / Getty Images)

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Reuters contributed to this report.