China tariff removal on Australian wine has restored Penfolds' premium positioning in the world's most lucrative luxury wine market. Daou (US) acquisition adds scale in domestic North American premium segment. Premium wine demand globally has been weaker, but Treasury's luxury concentration insulates them better than mass-market peers.
Thesis reviewed May 29, 2026
Treasury Wine Estates Ltd is headquartered in Australia, which is currently showing moderate signals.
🇦🇺Australia52NEUTRALView Australia risk detail →🛍Consumer22NEUTRAL| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| JD | JD.com Inc | 27 | +13% | ↑2% | EARLY |
| NIO | NIO Inc | 27 | -10% | ↑2% | AVOID |
| LI | Li Auto Inc | 27 | +7% | ↑2% | NEUTRAL |
| BTI | British American Tobacco PLC | 27 | +14% | ↑2% | EARLY |
| DEO | Diageo PLC | 27 | +8% | ↑2% | NEUTRAL |
| RACE | Ferrari NV | 27 | +17% | ↑2% | EARLY |
| TM | Toyota Motor Corporation | 27 | +12% | ↑2% | EARLY |
Investors who hold TSRYY may also have indirect exposure through these country funds.
Penfolds China revenue exceeds pre-tariff levels at higher price points
Daou US integration delivering synergies ahead of schedule
Luxury wine category outperforms mass-market by 8 points globally
Estimates · Yahoo Finance · Not audited figures