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Australia’s two largest wine groups are being forced to make some tough decisions to counter a global decline in consumption.
1d
GlobalData on MSNTreasury Wine Estates cuts profit guidance on lower US shipmentsPenfolds and Daou owner Treasury Wine Estates today (3 June) lowered its forecast for a closely-watched profit metric amid ...
Treasury Wine Estates, the maker of Penfolds, Pepperjack and Lindeman’s, has suffered a major setback in its grand ambitions ...
Sam Fischer, who will collect a $4 million sign-on fee, faces a challenge to reverse the fortunes of the struggling winemaker.
Aussie drinks giant Treasury Wine Estates has revealed the economic turmoil from Donald Trump’s tariffs will wipe up to $10 million off its annual profit.
7d
Worcester News on MSNBottles Wine Bar in Worcester to host Penfolds wine tasting eventBottles Wine Bar in Worcester will welcome the ambassador for Penfolds wine brand in a wine-tasting event demonstrating products from the Penfolds Collection on Friday (May 30) from 7pm to 9pm. Alex ...
Our fair value estimate for Treasury Wine Estates is AUD 12 per share. We assign Treasury a 9% cost of equity, and along with our assumed 6.5% long-term cost of debt, our approximate weighted average ...
Lindeman’s and Yellowglen with Mr Ford accelerating the winemaker’s pivot to more expensive wines led by Penfolds which attracts better margins and profitability. The handover comes as Mr Ford ...
Are Treasury Wine Estates Ltd (ASX: TWE) shares a bargain given growing demand in China for luxury labels such as Penfolds? Brokers weigh in.
11d
Worcester News on MSNBottles Wine Bar to host 'memorable' evening with expert in WorcesterA WORCESTER wine bar will host a "memorable" evening with an expert. Worcester's Bottles Wine Bar, on New Street, will welcome Penfolds brand ambassador Alex Long for a tasting session from the ...
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