Yahoo Finance

Alcohol maker and distributor Diageo (DEO) — known for brands such as Guinness, Smirnoff, Johnnie Walker, and Captain Morgan — has scrapped its midterm guidance, originally forecasting a sales growth target of 5 to 7%, amid tariff uncertainties and "complexity."

Morning Brief hosts Seana Smith and Brad Smith report more on the news.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.