Treasury Wine Estates Ltd
TWE: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| w< | LOCK|r? | LOCK|tK!Z!T^ |
Treasury Wine Estates Earnings: Clearing the Decks Under New CEO
Treasury's interim fiscal 2026 underlying EBIT of AUD 236 million crashed 40% on last year. Reduced Penfolds shipments to China, and weak US demand weighed heavily. The company suspended dividends and took an AUD 988 million pretax impairment to its US assets.
