Penfolds maker’s profits set to plunge on China, US weakness

Penfolds owner's earnings sour on China 'grey' wine woe

Shares in Penfolds owner Treasury Wine Estates plunged after it pointed to a fall in earnings due to...

Penfolds maker’s profits set to plunge on China, US weakness

Australia’s biggest winemaker, Treasury Wines, is grappling with major issues in two of its most important markets.

Treasury cost savings, asset sales as China, US sale tumble

Treasury Wine Estates has announced a company-wide overhaul — including asset sales and cost cuts — as the Penfolds producer tackles weakening demand in its key markets.

Treasury Wine slashes shipments to protect lucrative Penfolds brand

The country’s largest winemaker told investors sales were running far lower than previously expected, and it would have to cut at least $100 million in costs.

Treasury Wine Estates (ASX:TWE) Stock Slides to 11-Year Low After 1H26 Earnings Outlook Cut, Buyback Cancellation and China/US Reset

Sydney, 17 December 2025 — Treasury Wine Estates Limited (ASX:TWE) shares dropped sharply on Wednesday after the Penfolds owner issued a weaker near-term earnings outlook, flagged a multi-year inventory and channel “reset” across China and the United States, and cancelled the balance of its planned on-market share buyback. TradingView+1 The sell-off pushed TWE stock down as much as 16.8% to A$4.57, its lowest level since January 2015, according …

Penfolds owner shares plunge on earnings downgrade

Shares in Penfolds owner Treasury Wine Estates plunged in early trading after it pointed to a fall in first half earnings due to issues in China and the US.