Treasury Wine股价大跌17% 对市场需求放缓发出警告

Core Viewpoint - Treasury Wine Estates Ltd. faces significant challenges due to weak market demand, leading to a 17% drop in stock price, the largest decline since August 2020, prompting a restructuring plan that includes asset sales and cost reductions [1] Group 1: Financial Impact - The company announced the cancellation of a pending AUD 200 million (USD 133 million) share buyback plan and is reassessing its capital investment strategy [1] - The stock price decline reflects the company's struggles in key growth markets, particularly in the United States [1] Group 2: Management Response - CEO Sam Fischer, in his initial tenure, is implementing a transformation plan to address the company's challenges [1] - The restructuring plan includes reducing customer inventory in the U.S. and China to align with anticipated demand slowdown [1] - Fischer aims to cut costs by AUD 100 million annually over the next two to three years [1]