Dossier
Treasury Wine Estates Ltd.
Coverage of Treasury Wine Estates Ltd. in the Nexus archive.
- Treasury Wine Flags $395 Million Writedown Over Excess US Supply
Australia vintner Treasury Wine Estates Ltd. flagged a post-tax writedown of $395 million (A$558.4 million). This financial adjustment comes ahead of the company's full year earnings report. The write-down is intended to address supply chain problems within its US market.
- Treasury Wine Jumps Most in 12 Years on Strong China Results
Treasury Wine Estates Ltd.'s stock surged the most in 12 years due to strong sales in China. Penfolds, a brand under Treasury Wine, is displayed for sale in Sydney.