cuts profit guidance Penfolds wine producer Treasury Wine Estates pulled the sale of its cheap drinks division after failing to find an attractive offer and cut its prediction for annual profit ...
Treasury Wine Estates has decided not to offload its portfolio of "commercial" wine brands after failing to bag a satisfactory offer. In a statement today (13 February), the Australian group said ...
Despite some strong brands like Penfolds, and increasingly focusing on the luxury market with acquisitions like Daou and Frank Family Vineyards, Treasury lacks an economic moat in aggregate. Wine ...
Treasury Wine Estates’ sales registered A$2.5 billion ($1.7b) in the year through June, with the company benefiting from organic growth of 12% to A$963 million ($667m) in its Americas unit, which had ...
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Treasury Wine Buys China Foothold for Penfolds Luxury BrandSYDNEY—Australia’s Treasury Wine Estates is firming plans for permanent production of its storied Penfolds brand in China with the acquisition of a vineyard in the country’s premier wine region.
In a report released today, Melinda Baxter from Morgan Stanley maintained a Buy rating on Treasury Wine Estates Limited (TSRYF – Research Report), with a price target of A$14.60. The company’s ...
Treasury Wine Estates is increasingly focusing on building high-end brands in its portfolio, particularly in luxury and premium wine. With this focus, the company's revenue from higher-end wines ...
In a report released today, Sam Teeger from Citi maintained a Buy rating on Treasury Wine Estates Limited (TSRYF – Research Report), with a ...
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