Home AUS/US: Treasury Wine Estates to take US$145m hit on US stock clear-out
 

Keywords :   


AUS/US: Treasury Wine Estates to take US$145m hit on US stock clear-out

2013-07-15 12:37:24| Daily beverage news and comment - from just-drinks.com

Treasury Wine Estates (TWE) has announced plans to destroy its old and out-of-date stock in the US, which it estimates will result in a AUD160m (US$145.7m) hit to fiscal 2013 pre-tax profits.

Tags: us stock hit wine

Category:Food and Related Products

Latest from this category

All news

»
28.11
28.11MF MFsoftbord twintown
28.11T800
28.11162
28.112 117
28.112CD+DVD
28.114
28.11Nike Iowa 90s
More »