TWE Brass Share Plans to Parse Out Premium Brands

Dear Client: Treasury Wine Estates reported global net sales revenue decline of 2.3% for the first half of fiscal 2024, reflecting the premium portfolio declines in Treasury Americas and the commercial portfolio declines within Treasury Premium Brands. By division:  Results were "broadly in line with expectations," said ceo Tim Ford on yesterday evening's earnings call. "There's no question that it is a challenging operating environment with pretty competitive market dynamics, but I'm pleased with our underlying operating performance and evolving