Treasury Wine Earnings Drop by 36% on Global Alcohol Downturn
2 sources·Updated August 13, 2026
Covered by 2 sources
- The West Business·2h agoDown the drain: Penfolds maker falls into the red
Treasury Wine Estates has delivered a huge earnings loss on the back of large writedowns of the value of its US assets and supply chain issues.
Read at The West Business → - Bloomberg Markets·5h agoTreasury Wine Earnings Drop by 36% on Global Alcohol Downturn
Treasury Wine Estates Ltd.’s full-year earnings fell by more than a third as the company battled a global downturn in alcohol consumption and supply concerns in China and the US.
Read at Bloomberg Markets →
