ASX:TWEBeverage
Treasury Wine Estates (ASX:TWE) Is Down 11.4% After US Impairment, Dividend Halt And Cost Reset – Has The Bull Case Changed?
Treasury Wine Estates reported half-year 2025 sales of A$1,309.6 million, swung to a net loss of A$649.4 million due to a non-cash US impairment, and suspended its interim dividend.
Management has responded with a multi-year “TWE Ascent” transformation program targeting A$100 million in cost savings and a reshaped US distribution footprint.
Next, we’ll examine how the large US asset impairment and dividend suspension reshape Treasury Wine Estates’ previously optimistic investment...