The Buzz
All markets and investing news all the time

Womens Leather Sanita gslm-9908 Red 6 US Shoes Leather Weighted Classic Classic Mary Janes Buckle 38 EU 83202d2

Item specifics

Condition: Pre-owned :
An item that has been used or worn previously. See the seller’s listing for full details and description of any imperfections.See all condition definitions- opens in a new window or tab
Seller Notes: Great condition - appear to be minimally worn. Please view all pics to make your own determination on how worn they are.
Brand: Sanita Heel Height: Low (3/4 in. to 1 1/2 in.)
Style: Mary Janes Color: Reddish Brown
US Shoe Size (Women's): 6 Occasion: Casual
Width: Medium (B, M) Pattern: Buckle
Material: Leather Country/Region of Manufacture: Unknown
UPC: Does not apply

Womens Leather Sanita gslm-9908 Red 6 US Shoes Leather Weighted Classic Classic Mary Janes Buckle 38 EU 83202d2 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Womens Leather Sanita gslm-9908 Red 6 US Shoes Leather Weighted Classic Classic Mary Janes Buckle 38 EU 83202d2
Womens Leather Sanita gslm-9908 Red 6 US Shoes Leather Weighted Classic Classic Mary Janes Buckle 38 EU 83202d2 -

The beer trade has been a good one for Constellation.

Bottoms up! Constellation is cashing in on America's love affair with Corona.

Shares of Constellation Brands (STZ) opened sharply higher Wednesday after the beer and wine company reported strong quarterly results, although the stock has now fallen back.

The buzz kill came after Constellation executives said on a conference call with analysts that the cost of expanding a brewery in Mexico would be much higher than previously expected.

The company raised its estimate for the cost of upgrading its Nava brewery to a range between $900 million and $1.1 billion, up from the previous estimate of between $500 million to $600 million. So far, Constellation has spent about $140 million on the brewery.

Robert Ryder, Constellation's chief financial officer, tried to put a positive spin on the news.

"Despite the increased cost to build out the brewery, our improved commercial results should keep our cash flow and delivering goals intact," he said.

Constellation said net income surged 92% in the fourth quarter to $157 million, or 79 cents per share. Analysts were expecting the company to report earnings of 76 cents per share, according to FactSet.

Corona is the best-selling imported beer in the United States, according to Constellation CEO Rob Sands.

Sales rose to nearly $1.3 billion, thanks largely to about $600 million from Crown, the division that distributes Modelo brand beers, including Corona, in the United States.

"We had a great year, driven by our beer business," Sands told analysts on a conference call today.

Constellation paid $5.3 billion to take full control of Crown last year as part of a complex deal between Anheuser-Busch InBev (BUD) and Mexico's Grupo Modelo.

The deal was held up in court after the U.S. government sued to block it over anti-competitive concerns. But regulators relented after AB InBev and Modelo gave Constellation "perpetual rights" to distribute the popular Corona beer in the U.S. market and tossed in a major Modelo brewery.

Related: Why six-packs are pricier in some markets

So far, Constellation's bet on Mexican beer is paying off.

Net sales in the beer segment rose 13% in the fourth quarter " due to volume growth driven by strong consumer demand," the company's report states.

The strength in beer helped offset softness in sales of wine and spirits, which grew only 1% in the quarter.

Constellation expects beer sales to continue growing in its current fiscal year and is looking for income to grow "in the low to mid 20 percent range."

That should lead to better-than-expected earnings. Constellation is now targeting earnings of between $3.75 to $3.95 per share for the full year, which would translate to earnings growth of up to 27%.

Womens Leather Sanita gslm-9908 Red 6 US Shoes Leather Weighted Classic Classic Mary Janes Buckle 38 EU 83202d2

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Womens Leather Sanita gslm-9908 Red 6 US Shoes Leather Weighted Classic Classic Mary Janes Buckle 38 EU 83202d2 -
About This Author
Womens Leather Sanita gslm-9908 Red 6 US Shoes Leather Weighted Classic Classic Mary Janes Buckle 38 EU 83202d2 -
Ben Rooney
Staff writer, CNNMoney

Ben Rooney is a staff writer for CNNMoney. He covers the European debt crisis and other international finance stories, in addition to writing about stocks, bonds, investing and other Wall Street-related news. Follow Ben on Twitter: @ben_rooney

To view my watchlist

Not a member yet?

Sign up now for a free account
Stupid Stock Move of the Day
#StupidStock Move of the Day! Yes, Urban Outfitters may be finally turnings things around. But $URBN up 17%? Seems a bit excessive, no?
Most Popular
You won the $1.5 billion Powerball! Here's your tax bill
TALO Roger Rabbit Women Textile Ballet Flats - Size 9/10(Large) , Munro American Ramie Burgundy Suede Slip On Penny Loafer 9NNew OluKai Womens Casual Lino Leather Slip On Flat Shoes Size 6 Green Leaf , NIB Steve Madden Women's Bryanne Slip On Faux Fur Pom Pom Sneaker in NudeTory Burch Black and Tan Leopard Print Calf Hair Skyler FlatsJeffrey Campbell Women's Charlin Point Toe Mules Slide Blush Suede Bot Flats , NEW! SOFTWALK Grey's Anatomy MEREDITH Black Patent Slip On Comfort Clogs Sz 9.5 , Women's 10 M SAS Roamer Sage Khaki Leather Walking Shoes San Antonio Shoes , COLE HAAN Womens Athletic Casual Shoes Size 9.5B Black Pat Leather Zippers Wedge , BOUTIQUE 9 Women's Neekko Ballet Flat, BLACK, CALF HAIR, 6M, MSRP $150 , J/SLIDES Women's Annabelle Black Velvet Bow Round Toe Sneakers Sz 8 230680 , Cole Haan Women's Leather Ivory Brown Air Sadie Driver Penny Loafer 6338 Sz 5.5B , Fulinken Leopard Leather tie flat ballet women Driving Moccasin Loafer ShoesShellys London Women's Hankie Oxford Flat - Choose SZSpring Step Womens Kyla Slip On Comfort Flats Shoes,Black.,36 , Sperry Women's Sandal White Sequin Cork Wedge Size 7 , PRADA Chartreuse Yellow Pleated Satin Round Slip-Ons Ballet Flats Shoes 7.5-37.5POLO RALPH LAUREN MAKENNA BLK PATENT LEATHER FLAT B US 6B MADE IN SPAIN , Vintage Salvatore Ferragamo Black Leather Women's Oxford Slip-on Heels 8.5 , NEW! NIB Donald J Pliner BABOU2 Black Distress Antique Metallic Leather Mule 5.5 , Womens SAM EDLEMAN gold leather ballet flats sz. 5 NEW! $130 , ECCO 5 5.5 Black Slip-On Shoe Women's , Women's Kenneth Cole Reaction Ball Time LoafersAnniel Pointed Ballerina Flats, Black/Gold, Size 37 , New In Box ak anne klein shinny leather 7.5 m 7-1/2m Black Patent Leather Loafer , ECCO Womens 'Aimee' Moon Rock Leather Casual Slip On Shoes Sz 40 NEW! 229628 , JCrew $138 All Day Mules in Gingham $138 7 blue white shoes heels H7338 , Women's Kenneth Cole Reaction Ball-Ways FlatsROCK & REPUBLIC Women's Purple Suede Studded Flats Size 7.5 NEW in Box
Powerball winner can stay anonymous, judge rules
Counterfeit goods market is booming and becoming more dangerous
Kodak ditches digital cameras, will focus on photo printing Style & Co. Coli Womens Black Leather Ankle Boot Shoe - Size 9M , Khombu Boots Womens Size 7 Black Suede with Faux Rabbit Fur Excellent ConditionNew Womens Skechers Leather Ankle Boots Burgandy 47909 (C28) , MARIPE soft sable brown leather cuff slouch fashion pull on boots 7.5 FREE SHIP! , Stuart Weitzman Women's Shoes Black Suede Flat Booties Faux Fur Comfort Size 7M , Avenue Women's Tysens Velvet Over the Knee Boot Black Size 7 W NewCatherine Catherine Malandrino Tavanie Fringe Boot Chestnut Suede Zip Size 7.5Vintage Woman's Snowland Brown and Beige Pull Up Fur Lined Ski/Snow Boots-Sz 8 , VAN ELI BOOTS 8 AA VANELI BOOTS 8 RIDING BOOTS 8 EQUESTRIAN BOOTS 8 VAN ELI 8 , NINE WEST WOMEN'S BLACK Navajoe Suede Bootie SIZE 8M , Rocket Dog MATTYCA Womens Matty Colima Pu Oxford- Choose SZ/Color.Merrell Brown Leather Water Resistant Emma Slip on Comfort Shoe NEWAndre Assous Parker Slip On - Women's Size 7.5 BeigeCircus by Sam Edelman Women's Rocco Mary Jane Flat, Black/Multi/Metallic Floral , Very Nice Red Leather & Suede TARYN ROSE Mules or Slides Sz 6 MChristian Dior Pink/Black/Grey Camo Print 'Anselm' Flat Thong Sandals/Shoes 38 , NEW Dorset Hotter Comfort Concept Womens Tan Penny Loafers Shoes Sz 8.5Merrell Veranda Tie Cloudy Olive Brown Leather Booties Womens 6 Heels Oxford NewAdorable NWB Valerie Tahari Black Suede Ballet Flats With Beading Size 7.5 Mles p'tites bombes ballerines DORIA Argent P38 neuves Aut/Hiv 2018/2019Giuseppe Zanotti Navy Velvet London High-Top Sneakers Womens size 9.5 / 39.5 , NWOB TORY BURCH melinda powder coated leather slip on flats, size 8, MSRP $250 , Alegria Keli Black;Blue - Womens - Size 5 B , Speedo Women's Zipwalker 4.0 Water Shoe, Black/Hot Pink, Size 5.0 , Chloe Leather Lauren Flats in Mint Green Size 38 , Oboz Luna Low Women's Mineral Blue Hiking Shoe 10.5MWomen's Bottine femme T.38 new-look BootsSteve Madden Women's denay Ankle Bootie , New Bettye by Bettye Muller Womens Black-ve Loafers Size 9.5La Redoute Womens Denim Sandals With Floral Embroidery ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Womens Leather Sanita gslm-9908 Red 6 US Shoes Leather Weighted Classic Classic Mary Janes Buckle 38 EU 83202d2 Flats
Powered by VIP.