E&P is Positive on Treasury Wine's Trading Update -- Market Talk

Dow Jones

Oct 17, 2024

2234 GMT - E&P retail analyst Phillip Kimber says the 1Q trading update from Australia-based vintner Treasury Wine is "pleasing," noting there had been some stock-price weakness leading into the company's annual shareholder meeting today. Treasury said earlier that its focus on the luxury wine segment was driving performance, with double-digit organic growth in a key revenue metric in 1Q versus the prior corresponding period. Treasury also confirmed its FY 2025 guidance for its important Penfolds unit and for the company as a whole, saying it expects company-wide FY 2025 Ebits in the range of A$780 million to A$810 million. Treasury shares are down about 2.6% so far this month, versus a slight gain of 0.2% in Australia's benchmark stock index. (mike.cherney@wsj.com; @Mike_Cherney)

(END) Dow Jones Newswires

October 16, 2024 18:34 ET (22:34 GMT)

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Treasury said earlier that its focus on the luxury wine segment was driving performance, with double-digit organic growth in a key revenue metric in 1Q versus the prior corresponding period. Treasury also confirmed its FY 2025 guidance for its important Penfolds unit and for the company as a whole, saying it expects company-wide FY 2025 Ebits in the range of A$780 million to A$810 million. Treasury shares are down about 2.6% so far this month, versus a slight gain of 0.2% in Australia's benchmark stock index. 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Treasury said earlier that its focus on the luxury wine segment was driving performance, with double-digit organic growth in a key revenue metric in 1Q versus the prior corresponding period. Treasury also confirmed its FY 2025 guidance for its important Penfolds unit and for the company as a whole, saying it expects company-wide FY 2025 Ebits in the range of A$780 million to A$810 million. Treasury shares are down about 2.6% so far this month, versus a slight gain of 0.2% in Australia's benchmark stock index. (mike.cherney@wsj.com; @Mike_Cherney) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 16, 2024 18:34 ET (22:34 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7097","symbol_name":"酿酒商与葡萄酒商","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2476906850","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476906850","pubTimestamp":1729118040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2234 GMT - E&P retail analyst Phillip Kimber says the 1Q trading update from Australia-based vintner Treasury Wine is \"pleasing,\" noting there had been some stock-price weakness leading into the company's annual shareholder meeting today. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7097":"酿酒商与葡萄酒商","BK7505":"食品股","TWE.AU":"TREASURY WINE ESTATES LTD"},"translate_title":"E&P对Treasury Wine的交易更新持积极态度——市场谈话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US5Y.BOND":1,"TWE.AU":0.9,"US10Y.BOND":1,"US12M.BOND":1,"US912797HE00.BOND":0.6,"US3Y.BOND":1,"US6M.BOND":1,"US2Y.BOND":1,"US30Y.BOND":1,"US7Y.BOND":1},"content_text":"2234 GMT - E&P retail analyst Phillip Kimber says the 1Q trading update from Australia-based vintner Treasury Wine is \"pleasing,\" noting there had been some stock-price weakness leading into the company's annual shareholder meeting today. Treasury said earlier that its focus on the luxury wine segment was driving performance, with double-digit organic growth in a key revenue metric in 1Q versus the prior corresponding period. Treasury also confirmed its FY 2025 guidance for its important Penfolds unit and for the company as a whole, saying it expects company-wide FY 2025 Ebits in the range of A$780 million to A$810 million. Treasury shares are down about 2.6% so far this month, versus a slight gain of 0.2% in Australia's benchmark stock index. (mike.cherney@wsj.com; @Mike_Cherney) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 16, 2024 18:34 ET (22:34 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}