All NewsEducationTV
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

Treasury Wine Estates to book $395 million charge for US supply chain rebalancing

Created at 9 Aug · 11:17 PM1 source↑ Market-relevant
IN SHORT

Treasury Wine Estates expects to take an additional A$558.4 million ($394.51 million) post-tax charge in 2026 related to the write-down of U.S.-based assets and brands. The company will also write down inventory, predominantly bulk wine.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

A$558.4 millionexpected post-tax charge
$394.51 millionexpected post-tax charge in USD
2026year for charge recognition
1.4154AUD to USD exchange rate

Who's Involved

Treasury Wine Estates
Australian wine company announcing asset and inventory write-downs

↳ Why This Matters

The significant charge indicates a substantial restructuring within Treasury Wine Estates' U.S. operations, impacting its financial results and potentially signaling shifts in its market strategy and brand portfolio in the United States.

Key facts

  • Treasury Wine Estates expects a post-tax charge of A$558.4 million ($394.51 million) in 2026.
  • The charge is due to the write-down of U.S.-based assets and brands.
  • Inventory, mainly bulk wine, will also be written down.
  • The company plans to manage the bulk wine through sales or internal reclassification.

Australia's Treasury Wine Estates announced on Monday that it anticipates incurring an additional post-tax charge of A$558.4 million, equivalent to $394.51 million, in 2026. This charge is primarily related to the write-down of its U.S.-based assets and brands as the company rebalances its supply chain. The Melbourne-based company also stated that it would be writing down inventory, predominantly consisting of bulk wine. Treasury Wine Estates expects to manage this bulk wine through sales into the bulk wine markets or via internal reclassification.

Frequently asked questions

Treasury Wine Estates expects an additional post-tax charge of A$558.4 million ($394.51 million) in 2026.

The charge is related to the write-down of U.S.-based assets and brands as the company rebalances its supply chain.

The company plans to manage the bulk wine through sales into bulk wine markets or internal reclassification.

What Happens Next

01The company will recognize the charge in 2026.
02Bulk wine inventory will be managed through sales or reclassification.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

Treasury Wine Estates announced an expected A$558.4 million ($394.51 million) post-tax charge in 2026.
The charge is related to the write-down of U.S.-based assets and brands.
The company will also write down inventory, primarily bulk wine.

Sources

T1
Treasury Wine Estates to book $395 million charge as it rebalances US supply chainReuters

Related Stories

I Squared Capital to acquire Australia's oOh!media for A$1.04 billion
10 Aug · 12:33 AM
RPC to revamp US strategy, rules out merger
9 Aug · 12:00 PM
Ikea expands furniture resale program nationwide
9 Aug · 9:51 AM
Taylor Farms recalls salsa, guacamole due to salmonella risk
10 Aug · 12:15 AM
KKR shares private equity profits with employees after company sale
9 Aug · 9:46 AM