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Why Treasury Wine Estates Is Pulling Back FY26 Earnings Guidance Amid China and California Woes

8:32am on Thursday 16th of October, 2025 AEDT Consumer Staples
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Why Treasury Wine Estates Is Pulling Back FY26 Earnings Guidance Amid China and California Woes

8:32am on Thursday 16th of October, 2025 AEDT
Key Points
  • Fiscal 2025 net sales revenue rose 7% to $2.9 billion
  • EBITS increased 17% to $770 million, with luxury portfolio now 85% of earnings
  • Penfolds growth slowed by softening Chinese market consumption
  • Distribution transition in California disrupts Treasury Americas shipments
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