EconomyTreasury Wine swings to annual loss amid US business writedowns

Australia’s Treasury Wine Estates reported an annual loss on Thursday after taking writedowns in its U.S. business. It said 2027 earnings should be at least in line with the previous year, while its shares fell in volatile trading.

Treasury Wine EstatesUS businessannual loss

RReuters★★☆☆☆2026-08-13 03:50Original