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Treasury Wine Announces $395 Million Writedown for US Supply Issues

Key takeaways

  • Treasury Wine Estates reveals a $395 million writedown to address excess supply in the US market, ahead of its full year earnings report.
#Treasury Wine Estates#earnings#writedown#US market

Analysis

Treasury Wine Estates reveals a $395 million writedown to address excess supply in the US market, ahead of its full year earnings report.

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