ASX:TWEBeverage
Assessing Treasury Wine Estates' Valuation As Weaker Wine Demand Meets A$100 Million Cost Cuts
Treasury Wine Estates (ASX:TWE) has returned to focus after updating investors on weaker global wine demand, softer conditions in key markets such as the US and China, and a company wide cost cutting program targeting about A$100 million in annual savings.
See our latest analysis for Treasury Wine Estates.
The recent company update on weaker global wine demand and the A$100 million cost cutting plan comes after a 90 day share price return decline of 14.51% and a 1 year total shareholder...