The Buzz
All markets and investing news all the time

Wms 8.5B FRYE Diana Size Stitch localjoes-27710 Short Boots/Booties Size 8.5B Worn 5x fcbb960




Item specifics

Condition:
Pre-owned: An item that has been used or worn previously. See the seller’s listing for full details and ... Read moreabout the condition
Style: Booties
Width: Medium (B, M) US Shoe Size (Women's): US 8.5
Color: Brown Heel Height: Med (1 3/4 in. to 2 3/4 in.)
Brand: Frye Material: Leather
Heel Type: Block

Wms 8.5B FRYE Diana Size Stitch localjoes-27710 Short Boots/Booties Size 8.5B Worn 5x fcbb960 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Wms 8.5B FRYE Diana Size Stitch localjoes-27710 Short Boots/Booties Size 8.5B Worn 5x fcbb960
Wms 8.5B FRYE Diana Size Stitch localjoes-27710 Short Boots/Booties Size 8.5B Worn 5x fcbb960 - hollisbaker.com

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%.

Wms 8.5B FRYE Diana Size Stitch localjoes-27710 Short Boots/Booties Size 8.5B Worn 5x fcbb960

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Wms 8.5B FRYE Diana Size Stitch localjoes-27710 Short Boots/Booties Size 8.5B Worn 5x fcbb960 - hollisbaker.com
About This Author
Wms 8.5B FRYE Diana Size Stitch localjoes-27710 Short Boots/Booties Size 8.5B Worn 5x fcbb960 - hollisbaker.com
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
Contributors
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
 
Dolce Vita Piscal Suede Wedge Ankle Booties, Women's Size 7, Taupe NEWClarks Leather Wide Calf Tall Shaft Boots - Cheyn Whisk Black 7 medJustin Basic Ostrich Print Roper Cowboy Boots Kiltie JBL 700 Womens Size 6.5 B , Easy Street Carlita Boots, Women's Size 7 WW, BlackNew EARTHIES Madrid Chelsea Boot sz 8 Taupe suede , Women's Pajar Canada Iceberg - Black red check plaid warm snow boots 6-6.5 , Nine West Hollyroot Wedge Peep Toe Boots , Natural , Women's Size 7 M Vintage Durango Boots Light Brown Leather Cowboy Boots , Womens BareTraps Tall Knee High Lined Light brown boots Size 8M ~EUC w boxVTG WOMENS FRYE COWBOY LEATHER BROWN BOOTS SIZE 8.5 D , Henry Beguelin Boots Brown Ankle Covered Wedge Animal Leather Rubber Sole 37Aerosoles Diamond Flex Sole Ankle Boots Woman's 8.5-9MCaterpillar boots womans size 7.5 black leather new insulated beautifulCougar Women's Waterproof Bonair White Boots, Size 6M, NWOBMarc By Marc Jacobs Size 40.5 Black Cow Fur Over Knee High Boot , Harley-Davidson size 10 women's slip onSam Edelman NEW Women's Size 8 Brown Suede Studded Side Zip Booties NWOB $160.00 , NWT Women's LaNeige Canada Black WATERPROOF Winter Boots ~ 8/8.5 US, EURO 41 , New ZARA Women Studded Front Detail Back Zipper Leather Ankle Boots Size 38Sam Edelman Louie Beige Womens Shoes Size 9.5 M Boots MSRP $140 , Aquatherm by Santana Canada Women's Camp Faux Shearling Boots AB4 Navy Size 9M , Women's Blue Lizrard Skin Cowboy Boots , Merrell Womens Captiva Launch Mid 2 WTPF Color: Black Size: 5.5M Item #: J69120 , Kork Ease Women's Navy Blue Suede Balsa K56834 Flat Ankle Boots Size 9MFrye Luxe Fur Lined Western Heel Black Leather Pull On Winter Boots Tall Sz 8TUK Black Ankle Boots Pointed Toe Sz 7VTG Hispanitas Euro 37 AA,N Point Square Toe Wedge Brown Leather Mid Calf BootsARIAT FATBABY Brown Suede Leather Inlay Stockman Cowboy Boots Size 8 B - 1000590KHRIO ANKLE BOOTS SIZE 39 EU/8.5M GRAY SUEDE NIOB $124
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 A2 Aerosoles Women Bootie Low Boot Black Bow Comfort Size 8 , Women's Sporto Black Suede Winter Boots with Fur Trim Flat Rubber Sole , Kenneth Cole Brown Snake Print Zip Ankle Fashion Boots Size 8.5 B Made in Italy , cory-1 Fashion Ankle Casual 3.5 Inch Heel High Women's Winter Boots Taupe 7.5Womens sz 10 M Bearpaw Emma Tall Blue Sheepskin Shearling Fur Boots Winter 612W , Womens Thigh Platform High Heels Stilettos Stretch Over The Knee Boots US 5-11 , WESTERN DESIGN COLD WEATHER FLEESE LINED BROWN BOOTS COWGIRL WINTER FOOT WEAR 8 , Lust For Life Fiftyfour Over the Knee Thigh High Stretch size 6.5 nasty gal new , Steve Madden Women's Shyann Gold Leather Western Cowboys Boots W/Studs Size 7.5M , Womens Snake Print Western Cowboy Mid Calf Autumn Buckle PU Leather Winter Boots , White Mountain 5 M Latigo Black Knee High Boots New Womens Shoes NWOBMojo Moxy Black Suede Fringe Boots Burlesque Stiletto Heel 5" Platform 2" , Vionic W/Orthaheel CHILL KENYA Supportive Suede Loafers NAVY SIZE 6.5 M NIB , Italian ankle boots womens size 40$220 CHARLES BY CHARLES DAVID JULIA TAUPE SUEDE-QUILT LYCRA TALL BOOTS SZ 7.5M , Women's WINNA Black Fur Eskimo SKI Winter Boots 38, Made in Italy , Givenchy Slip On Python Sneakers Flats Loafers Women’s Shoes Size 37 US 7Ariat Ladies Brown Serape Palm Cruiser Shoes 10018587 Super Comfy! SALEWomen Casual Pull-on Mesh Breathable Hideen Heel Muffin Shoes Loafers Sneakers , Disney Princess Women's Sneakers Shoes | SIZE 10 , Gold Toe Amber Womens Comfortable Memory Foam Work Shoe,Dressy Ballet...DC Haven TX SE Skate Shoe-W Womens Shoe- Choose SZ/Color.Saucony Women's Bullet Capri Pants - Choose SZ/Color , New unworn Skechers Performance Women's Go Step Untouched Walking ShoeWomen's women tennis shoes Athletic Shoes , Women's Teva Wander Legion Blue Shoes BootsWomen's Winter Fur boots BootsLifeStride Like Me Ankle Boots- Women's Size 5 M, Pinot , * NEW * Asics Gel Netburner Ballistic Womens Netball Shoe (B) (9093)Nike Tr Connect 2 Print Fitness Women's Shoes
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Wms 8.5B FRYE Diana Size Stitch localjoes-27710 Short Boots/Booties Size 8.5B Worn 5x fcbb960 Boots
3850523
8768074
12293348
14270609
14678598
15285450
16027736
16726787
17146341
Powered by WordPress.com VIP.