Treasury Wine Estates Ltd

TWE: XASX (AUS)
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Treasury Wine Estates: Weaker China Demand for Penfolds Weighs on Pricing Power

Treasury Wine Estates provided an early fiscal 2026 trading update. While detail was vague, the upshot is the withdrawal of prior guidance for underlying EBIT growth in fiscal 2026 on the back of weak sales in China and distribution disruptions in California. No new guidance was provided.

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