ASX:TWEBeverage
Treasury Wine Estates (ASX:TWE): Reassessing Valuation After Buyback Cancellation and Major Cost-Cutting Reset
Treasury Wine Estates (ASX:TWE) has put investors on alert after unveiling a sweeping reset, cancelling its A$200 million buyback, cutting guidance and launching a A$100 million cost saving overhaul.
See our latest analysis for Treasury Wine Estates.
The reset comes after a difficult period for holders, with a year-to-date share price return of minus 56.65 percent and a one-year total shareholder return of minus 55.14 percent, underscoring fading momentum as China and US challenges weigh on...