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Updates reported EPS guidance to $3.05 - $7.92 and raises lower-end of comparable EPS guidance to
$13.60 - $13.80, affirming double-digit comparable EPS growth expectation (1)
Updates Enterprise net sales growth to 4% - 6%, reported operating income decline to (68)% - (36)%
including an expected Wine and Spirits goodwill impairment loss of approximately $1.5 - $2.5 billion(2),
and comparable operating income growth to 8% - 9%
Updates Beer net sales growth to 6% - 8% and raises Beer operating income growth to 11% - 12%,
at higher-end of initial range, and updates Wine and Spirits net sales and operating income declines to
(6)% - (4)% and (18)% - (16)%, respectively
Posted In: STZ
