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Treasury Wine Reports 36% Earnings Decline Amid Alcohol Slump
Treasury Wine Estates' full-year earnings dropped 36% due to a global decline in alcohol consumption and supply issues in China and the US.
2 articles tagged with #Treasury Wine Estates
Treasury Wine Estates' full-year earnings dropped 36% due to a global decline in alcohol consumption and supply issues in China and the US.
Treasury Wine Estates reveals a $395 million writedown to address excess supply in the US market, ahead of its full year earnings report.