Treasury Wines (TWE) $12.50

FY21 Result: A slight miss to expectations  inFY21 however the market was well above the company issued  guidance. Sales of $2.57b was a 7% beat though EBIT at $510.3 was a 4% miss. TWE have been forced to look outside of China for growth going forward following exorbitant tariffs being put in place. No specific guidance given continuing uncertainty in the short term however they talked up their outlook in the medium term. Shares fell 1.5% today.

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Treasury Wines (TWE)

LAST UPDATED 19/08/2021 16:35

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Treasury Wines (TWE)

LAST UPDATED 19/08/2021 16:35