It is not the first time this year that TWE has flagged problems in the US and China. At the start of December, the Frank Family Vineyards brand owner forecast an impairment on its US assets, amounting to at least A$687.4m (then $450m). In October, the Australian wine major also withdrew its fiscal 2026 earnings guidance due to an "uncertain outlook" for its Penfolds brand in China and Treasury Americas businesses. TWE, home to brands including Lindemans and Beringer, said today the company's new programme ...

Treasury Wine Estates today (15 December) requested a pause in the trading of its shares on the Australian Securities Exchange, ahead of a planned update to its outlook. In a statement, the Penfolds winemaker said it had asked for the trading halt to be "effective immediately". TWE said it was preparing for an investor and analyst call in two days' time, "which will include information regarding the company's outlook". The group has requested the pause to run "until the earlier of the commencement of n ...