Treasury Wine Estates Ltd

TWE: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Treasury Wine Estates: Weaker China Demand for Penfolds Weighs on Pricing Power

Angus Hewitt

Oct 14, 2025

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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Treasury Wine Estates Ltd

Treasury Wine Estates: Weaker China Demand for Penfolds Weighs on Pricing Power

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