Consensus $13.72. Fiscal 2025 Guidance Assumptions: Enterprise: organic net sales growth of 2 – 5%; Beer: net sales growth of 4 – 7%; Wine and Spirits: organic net sales decline of 5 – 8%; Enterprise: operating income growth: reported of (65%) -(62%) and comparable of 6 – 9%; Beer: operating income growth of 9 – 12%; Wine and Spirits: operating income decline of 17 – 19%; Corporate expense: $250 million; Interest expense, net: $410 million; Tax rate: reported approximately 8%; comparable approximately 18.5%; Weighted average diluted shares outstanding: approximately 182.5 million; inclusive of share repurchases; Operating cash flow: $2.9 – $3.1 billion; Capital expenditures: approximately $1.3 billion, including approximately $1.0 billion targeted for Mexico beer operations activities; Free cash flow: $1.6 – $1.8 billion.
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