From Yahoo Finance: 2025-06-03 08:57:00

Treasury Wine Estates revises profit forecast to A$770m due to lower premium shipments in the US, impacting performance of wines under US$15. Distributor RNDC to exit California, accounting for 25% of sales in Americas division. New CEO Sam Fischer to take over from Tim Ford in October. Stock closes up at A$8.14.

Read more: Treasury Wine Estates cuts profit guidance on lower US shipments