TWE treasury wine estates limited
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News: TWE Australia's Treasury Wine Estates cuts FY20 guidance as U.S. performance falters

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    28/01/20
    19:10
    Post #: 42608416

    Jan 28 (Reuters) - Australia's Treasury Wine Estates (TWE) on Tuesday lowered its fiscal 2020 earnings guidance citing underperformance at its United States business.

    The company now expects EBITS (earnings before interest, tax, and SGARA) growth of about 5% to 10%, revised down from an earlier range of 15% to 20%.

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