Guinness owner Diageo warns profits could drop $258M due to coronavirus

The coronavirus is proving a hangover-sized headache for British booze giant Diageo. The liquor company behind Guinness, Johnnie Walker, Smirnoff and Captain Morgan warned on Wednesday that the epidemic could slash $258 million from its profits this fiscal year as bars and restaurants remain shuttered. The deadly outbreak could also hit Diageo’s 2020 net sales… Continue reading at New York Post