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TWE Reshapes Global Operations as Penfolds Drives 40% Sales Surge in China

9:02am on Wednesday 22nd of April, 2026 AEST Consumer Staples
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TWE Reshapes Global Operations as Penfolds Drives 40% Sales Surge in China

9:02am on Wednesday 22nd of April, 2026 AEST
Key Points
  • New regional operating model effective October 2026
  • Penfolds drives 40% depletions growth in China over Chinese New Year
  • US market depletions up 9.1% in 3Q26, California returns to growth
  • $300 million debt refinancing boosts liquidity to over $1 billion
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