‘More to do,’ admits Treasury Wine Estates as 12-month sales decline – results data

Sales in 12 months to the end of June down 11.2% to AUD2.56bn (US$1.81bn)Second-half sales decline by an estimated 4.8%, following H1's 16.6% slideProgress in "aligning our supply chain to our vision for a simpler TWE" highlightedTreasury Wine Estates has targeted the year after next at the earliest for a return to sales growth as the group's fiscal 2026 closed down by double digits.The near-17% sales decline booked from the first half was softened somewhat by a better H2, resulting in an 11% fall in the top line in the 12 months to the end of June. Over the full year, Treasury flagged reduced