Key points
- Constellation Brands (STZ US) reported its 3Q19 earnings overnight. STZexpects weakness in wine & spirits in 4Q. The stock sold off -12.5%.
- We are less concerned on impact for TWE given (i) commercial winesappear to be struggling more & (ii) STZ depletions appear weaker than TWE
- In response, TWE reiterated 25% EBITS growth for FY19 (MRE: 24%).Against the current uncertain market backdrop, this is positive. Retain OP.
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Last
$7.62 |
Change
-0.035(0.46%) |
Mkt cap ! $6.170B | |||
| Open | High | Low | Value | Volume |
| $7.66 | $7.68 | $7.58 | $17.34M | 2.277M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 4812 | $7.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.62 | 56180 | 41 |
View Market Depth
| Last trade - 15.11pm 11/09/2025 (20 minute delay) ? |
| TWE (ASX) Chart |