Treasury Wine shares fall to decade low as headaches mount in China, US
By Christine Chen and Shivangi Lahiri SYDNEY (Reuters) – Australia’s Treasury Wine Estates on Monday withdrew its 2026 profit forecast and halted a A$200 million ($130 million) share buyback, citing weak sales of its flagship Penfolds wines in China and distribution challenges in the U.S. The announcement sent shares in Treasury, one of the world’s…