Treasury Wine Estates (ASX:TWE) Stock Slides to 11-Year Low After 1H26 Earnings Outlook Cut, Buyback Cancellation and China/US Reset
Sydney, 17 December 2025 — Treasury Wine Estates Limited (ASX:TWE) shares dropped sharply on Wednesday after the Penfolds owner issued a weaker near-term earnings outlook, flagged a multi-year inventory and channel “reset” across China and the United States, and cancelled