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Treasury Wine Estates Limited ( (AU:TWE) ) has shared an update.
Treasury Wine Estates announced that Republic National Distributing Company will cease its operations in California by September 2025. TWE is actively seeking alternative distribution arrangements to maintain its market presence in California, and despite the change, the company expects its F25 EBITS to be approximately $770 million, slightly lower than previously forecasted due to weaker consumer demand in the US.
The most recent analyst rating on (AU:TWE) stock is a Buy with a A$16.00 price target. To see the full list of analyst forecasts on Treasury Wine Estates Limited stock, see the AU:TWE Stock Forecast page.
More about Treasury Wine Estates Limited
Treasury Wine Estates Limited is a leading luxury wine supplier in the US market, known for its extensive network of distributors and expertise in managing distributor changes.
YTD Price Performance: -24.07%
Average Trading Volume: 5,870,890
Technical Sentiment Signal: Sell
Current Market Cap: A$6.85B
See more data about TWE stock on TipRanks’ Stock Analysis page.
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