The Buzz
All markets and investing news all the time

WOMEN'S CONVERSE CHUCK TAYLOR 8.5 HI-RISE BOOT 549686C THUNDER WOMEN'S/BLACK 549686C SZ 8.5 5e7b67a




Item specifics

Condition:
New without box: A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or ... Read moreabout the condition
Model: 549686C
Width: Medium (B, M) Style: HI- RISE BOOTS
UK Shoe Size (Women's): 6.5 Heel Height: High (3 in. and Up)
EUR Shoe Size (Women's): 39.5 US Shoe Size (Women's): 8.5
Color: Gray Material: Canvas
Brand: Converse

WOMEN'S CONVERSE CHUCK TAYLOR 8.5 HI-RISE BOOT 549686C THUNDER WOMEN'S/BLACK 549686C SZ 8.5 5e7b67a - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
WOMEN'S CONVERSE CHUCK TAYLOR 8.5 HI-RISE BOOT 549686C THUNDER WOMEN'S/BLACK 549686C SZ 8.5 5e7b67a
WOMEN'S CONVERSE CHUCK TAYLOR 8.5 HI-RISE BOOT 549686C THUNDER WOMEN'S/BLACK 549686C SZ 8.5 5e7b67a - 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%.

WOMEN'S CONVERSE CHUCK TAYLOR 8.5 HI-RISE BOOT 549686C THUNDER WOMEN'S/BLACK 549686C SZ 8.5 5e7b67a

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
WOMEN'S CONVERSE CHUCK TAYLOR 8.5 HI-RISE BOOT 549686C THUNDER WOMEN'S/BLACK 549686C SZ 8.5 5e7b67a - hollisbaker.com
About This Author
WOMEN'S CONVERSE CHUCK TAYLOR 8.5 HI-RISE BOOT 549686C THUNDER WOMEN'S/BLACK 549686C SZ 8.5 5e7b67a - 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
 
b7a Columbia Bugabootoo High Womens 8.5 Snow Winter Waterproof Thermolite BootsBORN Brown Leather Ankle Boots Size 7.5 M W Style W21354 booties distressed , Libby Edelman Henson Purple Studded Removable Harness Ankle Boot NewQUPID Summer to Fall Bootie Ankle Boots Bootie 5.5-10 Taupe PRENTON-05XMaterial Girl Macys New Womens Saber Gray Boots 6 M Shoes NWOB , Lamo Brown Suede Button Whipstitched Faux Fur Ankle Boots NEW , PVC Women's Fashion Rain Shoes Anti Slip Rain Boots Flat Heel Low Galoshes , Style & Co. Womens Astaire Brown Riding Boots Shoes 6 Medium (B,M) BHFO 1981 , JESSICA SIMPSON Womens Knee High Fashion Boot Burnished Brown Equestrian Sz 6.5MNaturalizer Lilly Leather Suede Strap Tailored Ankle Bootie Wine 10M NEW 497-157 , FRYE Engineer Boots Women’s 6 B Red Slip On Square Toe Leather USA MotorcycleFranco Sarto Womens Ivanea Black Over-The-Knee Boots 10 Medium (B,M) BHFO 5213 , MARKET 22 Palmer black rounch Mid-calf boots shoes 37.5/ 7 , Bare Traps Tommy Taupe Wide Calf Buckle Detail Riding Boot NEW , Vogue Womens Lady Winter High Block Heel zipper Buckle Ankle Boot Shoes Booties , Bearpaw Maggie Navy Blue Suede Sheepskin Winter NeverWet Ankle Boot 8 SaleMarc Fisher Justice Faux Suede Side Zip Tie Back Ankle Boots Womens 5.5 M Taupe+ , Womens pull on Mid Calf boots Platform Hidden Wedge Heel casual Snow Boots ShoesCharlotte Ronson Dimphy Women's Black Scallop Edge Bootie , Skintone 3"High Wedge Heel Round Toe Ankle Boots Front Strap Size 10Ethnic Womens Round Toe High Top Hollow Out Holes Breathable Ankle Boots SandalsCusica Dusica Womens Shoes Size 38 8 Black Solid Mid Calf Winter Boots CasualBrand new Gorgeous Pleaser Purple Patent Stiletto Knee high boots size 10 , Kenneth Cole Reaction Womens Brown Tall Zip Up Gina Riding Boots Size 7 NIBOLD NAVY FAUX SUEDE BLACK PERFORATED PEEP TOE 3 IN HEEL LOW BOOTS BOOTIES 9 , Columbia Women’s Brown Leather Fleece Lined Winter Boots Size Sz 9 M , $99 size 11 Baretraps Addye Taupe Suede Ankle Booties Womens Winter Shoes , LUCKY Brand Joelle Western Bootie Size 8 Women's Slip On Boot Brown Pointed Shoenew Brown Womens 1.5 Low Hidden Wedge Heel Side Bow Knee Sexy Boot Size 9 ,
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 Krush Rachel Pull On Elastic Gusset Chelsea Boot Tan MM1 Women's Size UK:7/US:9 , Sportco Ladies Daria Waterproof Snow Shoe Boots 7MLibby Edelman of Sam&Libbys11Suede&Sweater Platform heel Booties Sexy� , Dolce Vita Black Gracie Suede Wedged Ankle Bootie Womens Size US 7MBamboo Womens Ankle Boots SZ 6 M Pink Black Canvas 3 1/2" Heel Two Tone SaleINC INTERNATIONAL CONCEPTS (HALDI KNEE HIGH BOOT) WOMENS SIZE 7 BRAND NEW!!Carlos Brie Booties - Women's Size 8 M, TaupeSoftspots Black Leather Ankle Boots Booties size 9 Comfort Shoe NEWSugar Women's Ruler Ankle Bootie Brown Size 7.5Dr Martens Air wair Jemima Womens 8 Black Leather Chukka Kiltie Tassel BootsWOMENS Brown ARIAT Ranchbaby 10005913 Square Toe ROPER WESTERN BOOTS Size 8 B , J CREW WOMEN'S HEELED ANKLE BOOTS LEATHER 9.5 #F4878Anthropologie Matt Bernson Size 7 Marlow Booties Raffia Woven Straw Boots HoneyJCrew $148 Plaid Ankle Strap D'Orsay Flats Size 6.5 Red Black Shoes H1841 , Madewell f6837 Flats Insiders wild boar Size 8Acton Prolady A9233-11 black safety new with tags $270.00 size 7 new box , Pikolinos Moccasin Brown Size 37 women's ( 626) DisplayWomens NIKE CONSIDERED 310035 321 Classic Olive Birch Mules Clogs Shoes SIZE 8 , NWOB $130 Dansko Black Patent Leather Mary Jane Clog Shoes Size 38 / 7.5 - 8Marc Jacobs Nero Black Size 39.5 US 8.5/9 Patent Leather Loafers Chain Orig $565 , NEW & CUTE! Women's $450 Stubbs and Wootton Canvas "IBIZA" Slippers Loafers ShoeWomens Embroidered Floral Shoes Wedge Platform Strapy Cotton Dance Ethnic style , Womens Airwalk Legacee Sneakers Heather Jersey Light Grey Size 9 New Never UsedECCO LOAFERS SHOES LEATHER US 8.5 - 9 , SAKS FIFTH AVENUE Womens Patent Leather Tie Bow Ballet Flats Sz 8.5M Black Shoes , Schutz S0135200980030 Womens Ballet Flat- Choose SZ/Color. , MEPHISTO Size 10 Dark Red Mary Jane Ballet Flats ShoesNike Womens Flex Supreme TR 5 Cross Training Athletic Shoes 852467 009 All Sizes , K Swiss SI 18 Trainer 2 Womens Fitness Casual Trainer AquaTretorn Womens Marley Hi 4 Silver/White 8.5 B - Medium ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
WOMEN'S CONVERSE CHUCK TAYLOR 8.5 HI-RISE BOOT 549686C THUNDER WOMEN'S/BLACK 549686C SZ 8.5 5e7b67a Boots
1868205
8042064
8422410
10860161
11710241
12936943
15488724
16619091
17360592
Powered by WordPress.com VIP.