Treasury Wine shares plunge to decade low after scrapping FY26 guidance
NegativeFinancial Markets

Treasury Wine's shares have dropped to a decade low after the company announced it would be scrapping its guidance for FY26. This significant decline reflects investor concerns about the company's future performance and market conditions, making it a critical moment for stakeholders to reassess their positions. The decision to withdraw guidance raises questions about the company's strategy and financial health, which could have broader implications for the wine industry.
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