The Buzz
All markets and investing news all the time

VINCE CAMUTO Ankle Black Leather Bootie Ankle M Boots w 7217/ GOLD Accents - 8.5 M - EUC 7c1126a




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: BEAUTIFUL, barely worn booties - uppers in excellent condition except for one tiny scuffed part on the left toe (see pic). Soles show minor wear. LOTS of life left in these pricey boots!!
Brand: Vince Camuto Heel Height: High (3 in. and Up)
Style: Fashion Boots Material: Leather
Width: Medium (B, M) Pattern: Solid
Color: Black US Shoe Size (Women's): US 8.5
Heel Type: Slim Boot Shaft Height: Ankle
UPC: NA

VINCE CAMUTO Ankle Black Leather Bootie Ankle M Boots w 7217/ GOLD Accents - 8.5 M - EUC 7c1126a - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
VINCE CAMUTO Ankle Black Leather Bootie Ankle M Boots w 7217/ GOLD Accents - 8.5 M - EUC 7c1126a
VINCE CAMUTO Ankle Black Leather Bootie Ankle M Boots w 7217/ GOLD Accents - 8.5 M - EUC 7c1126a - 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%.

VINCE CAMUTO Ankle Black Leather Bootie Ankle M Boots w 7217/ GOLD Accents - 8.5 M - EUC 7c1126a

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
VINCE CAMUTO Ankle Black Leather Bootie Ankle M Boots w 7217/ GOLD Accents - 8.5 M - EUC 7c1126a - hollisbaker.com
About This Author
VINCE CAMUTO Ankle Black Leather Bootie Ankle M Boots w 7217/ GOLD Accents - 8.5 M - EUC 7c1126a - 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
 
Dingo Womens Cowgirl Western Fringe Boots USA Mid-Calf Pull On Tan Leather Sz 9 , Hush Puppies Gianna Motive Riding Boots, Dark BrownVictoria's Secret Gray Knit Pom Pom Suede Sole Tall Boot Mukluks SZ M 7/8 , Sporto Nadia Mid-Calf Boots, Black, 5.5 US , Women's Clarks Bendables Stroll Vine Ankle Boots Size 6M Brown Rust Leather Z15 , Rock & Candy Danlea Mid-Calf Winter Boots, Black/Grey , Seychelles Gander Black Size 6.5 Leather Ankle Booties , Baretraps Vairy Brown Round Toe Synthetic Wedge Over the Knee Boot Sz 8.5 , Justin L3057 Black Leather Roper Cowboy Western Boots Women Size 7.5A - USAKeen Womens Flint Low Steel Toe Waterproof Comfort Safety Work Boots Size 8.5BOC BY BORN Women's Sz 10 Brown Leather Bootie Distressed Monk Strap Boot Zipper02-2155 Columbia boots Bangor Slip Omni - Heat/ size 12western cowgirl leather boots sz 8.5 M , NEW VERY VOLATILE Women's Boots Size 7 1/2 Faux Black Biker Leather Ankle Shoes , blondo boots Womens 7 W AquaProtect Black Mid CalfSoftWalk Ramsey Chukka Boot - Women's Size 10.5W - Sand (Damaged)I35 Jade Studded Fringe Fashion Ankle Boots, Warm Taupe, 7 US , Women's KEEN Kate Modern Wedge Leather Boot Mid-Calf- Black- Size 9 , Dansko Ankle Leather Zip up Boots w/ Buckle Wedge Heel Sz 39 US 8.5-9 Brown , Skechers Women Reggae Fest Vector Warm Tech Memory Foam Grey Ankle Boots Size 6Rock & Candy Spraypaint Foldover Ankle Boots, Tchfx , Lucky Brand Jofeen Ankle Booties 269, Dark Earth, 8.5 US / 38.5 EU**LifeStride Cala Peep Toe Bootie - Women's Size 5.5 M - BlackLifeStride Racey Riding Boots - Women's Size 6W, BlackWomens BOC BORN CONCEPT camel brown leather bootie sz 9.5 , ralph lauren riding boots Women Size 6M Black Leather UpperMAXINE Canada Womens Wedge Ankle Boots Size 8 Black Suede Fur Trim , Dolce Vita Tessey Casual Boot - Women's size 8 - Gray (repair)Clarks Ingalls Tweed Brown Leather Ankle Boots Shoes 66777 Womens size 7.5 M ,
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 Homage Boot Wrap Snakeskin Print Women's Size 8M 2367KATHY VAN ZEELAND Boots womens size 6 M Black ankle boots cuff top 2.5" heelsShï by Journeys Womens JoJo Closed Toe Ankle Fashion BootsSweet Lady Super High Heels Slim Platform Strappy back Over Knee Boots Knight , Magnifique Bottines / Low Boots PROMOD 37LL BEAN BOOTS Brown Maine Duck Low Garden Shoes 339402 Women's Sz 8 MKaren Scott Gaby Womens Black Mid-Calf Fleece Side Zipper Boots size 7 , Sam Edelman Petty Ankle Bootie - Women's Size 6.5M BlackGIUSEPPE ALBERTO Bottes Cuir Noir Talons Plats Bouts Semi Carrés T 38 TBE , SALE 50% OFF LEOPARD PRINT Fringe BOOTIES Ankle Shoes Suede Heels Boots AnimalVince Camuto Womens vaniesha Closed Toe Ankle Fashion Boots Black Size 7.0 fxQBrighton Italian Tune Ankle Booties Boots USA Sz 9 M Black Stretch Fabric $275White Mountain New Dover Black Womens Shoes Size 7.5 M Boots MSRP $99women's shoes 2 STAR 9 () sneakers multicolor textile AG31-39Taryn Rose Womens Edina Powder Metallic Ballet Flat- Select SZ/Color.GRANELLO Women Black Velvet Knee-High Pointed Boots 8.5 , BOBS from Skechers 33862 Womens The Menace-Sweet Berry Fashion Sneaker , PAUL MAYER BINGO women BALLET FLATS (9 M, GOLD)Chaco Loafer Clog PEDSHED * 7 * Chocolate Brown Leather Vibram Strap WomensRaffia Shoes Flat ALL SIZE Straw Woven Leather Loafers And Stubbs Womens WoottonYRU Youth Rise UP QOZMO AIIRE Purple Glitter Light-Up Sneaker shoe's , Womens Nike pegasus 34 running shoes. Multi-color. Size 9.5 medium.Womens Asics Ayami Illusion - T2H6N9031 - Black Coral White TrainersASICS Womens - FlashCoral/DarkPurple/White Walking Shoes Size 9 (366896)SKECHERS 12323 SHAPE UPS Womens 8 Med White Silver Toning Sneakers Shoes Leather , Women's Yellow Box Womens Brenda Flats FlatsWomen's Steve Madden Women's Rubby Flat FlatsWomen's dr martens Boots , Women Faux Suede Stretched Platform Stilettos Over The Knee Thigh High Boots New , DANSKO 40 PROFESSIONAL NURSING MULE BROWN LEATHER CLASSIC CLOGS 9.5 SHOES
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
VINCE CAMUTO Ankle Black Leather Bootie Ankle M Boots w 7217/ GOLD Accents - 8.5 M - EUC 7c1126a Boots
1678463
3535717
5515027
5879409
6907470
12501566
12591403
14201920
15464337
Powered by WordPress.com VIP.