ASX:TWEBeverage
Treasury Wine Estates (ASX:TWE): Valuation Check After Major Americas Impairment and Decade-Low Share Price
Treasury Wine Estates (ASX:TWE) has jolted investors by flagging a hefty non cash impairment of up to A$687 million on its Americas business, after a deteriorating U.S. wine outlook sent the stock to decade lows.
See our latest analysis for Treasury Wine Estates.
The A$687 million non cash hit lands after a brutal run, with a roughly 52 percent year to date share price decline and a similarly steep one year total shareholder return. This signals that investors now see higher structural risk...