Brief: Treasury Wine Estates Pauses Buyback, Withdraws FY26 earnings guidance

Treasury Wine Estates

13/10/2025 02:27

Oct 13 (Reuters) - Treasury Wine Estates Ltd TWE.AX:

PENFOLDS F26 DEPLETIONS TARGETS IN CHINA UNLIKELY TO BE ACHIEVED

SEVERAL INITIATIVES ARE NOW BEING IMPLEMENTED TO MITIGATE EXPECTED IMPACTS IN CHINA IN F26

PENFOLDS DEPLETIONS TARGETS FOR F26 IN CHINA ARE UNLIKELY TO BE ACHIEVED

NOT IN A POSITION TO PROVIDE REVISED GUIDANCE AT THIS POINT IN TIME

NO LONGER BELIEVES IT IS APPROPRIATE TO RETAIN PENFOLDS GUIDANCE FOR F26 AND F27

ON-MARKET SHARE BUY-BACK WILL BE PAUSED

Further company coverage: TWE.AX

 ((Reuters.Briefs@thomsonreuters.com;))