2333 GMT - Barrenjoey expects drinks-to-hotel group Endeavour's share price to fall today, despite very strong trading in its retail division recently. Analyst Tom Kierath says guidance on annual costs is higher than consensus expectations. Endeavour signaled FY27 finance costs of A$330 million-A$340 million, above market hopes for A$328 million. Forecasts of A$50 million-A$55 million operating expenses tied to its One Endeavour program is above prior guidance of A$50 million. "An additional A$40 million-A$60 million of opex is expected in FY27 to support transformational initiatives, which looks incremental versus strategy day comments," Barrenjoey says. Still, it's upbeat about recent trading. Endeavour said Retail sales, which includes Dan Murphy's and BWS, rose by 4.6% in the first seven weeks of FY27. Tha's versus consensus expectations for FY27 of 1.6%.