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Business & Economics

Smirnoff, Guinness Parent Diageo Talks About Adverse Tariffs Impact

Benzinga
Summary
Nutrition label

85% Informative

Diageo plc shares are trading lower on Monday after the company reported a third-quarter fiscal 2025 trading update.

The maker of Smirnoff and Guinness posted $4.4 billion in net sales for the quarter ended March 31 , marking a 2.9% increase year-over-year .

The company's performance in the third quarter benefited from favorable phasing, which is estimated to have contributed approximately 4% to the group’s organic net sales growth.

VR Score

88

Informative language

90

Neutral language

40

Article tone

formal

Language

English

Language complexity

55

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not offensive

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not hateful

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short-lived

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