The Buzz
All markets and investing news all the time

Vintage Retro 80s 80s ECLISSE Italian Leather Cobalt Blue ECLISSE Boots Cobalt Floral Cut Out 8 N 0d918a6

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: In great condition. No rips, no stains. Some signs of use may be visible, like wear on the (in)soles or creases. No foul smell. From a smoke free home. Please view pictures for more details
Accents: Cut-Out Width: Narrow (AA, N)
Modified Item: No Theme: Retro, 80s
Style: Cowboy Boots Pattern: Solid
Boot Shaft Height: Mid-Calf Color: Blue
US Shoe Size (Women's): 8 Calf Circumference: 12
Heel Height: Med (1 3/4 in. to 2 3/4 in.) Occasion: Casual, Party
Material: Leather Brand: Eclisse

Vintage Retro 80s 80s ECLISSE Italian Leather Cobalt Blue ECLISSE Boots Cobalt Floral Cut Out 8 N 0d918a6 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Vintage Retro 80s 80s ECLISSE Italian Leather Cobalt Blue ECLISSE Boots Cobalt Floral Cut Out 8 N 0d918a6
Vintage Retro 80s 80s ECLISSE Italian Leather Cobalt Blue ECLISSE Boots Cobalt Floral Cut Out 8 N 0d918a6 -

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%.

Vintage Retro 80s 80s ECLISSE Italian Leather Cobalt Blue ECLISSE Boots Cobalt Floral Cut Out 8 N 0d918a6

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Vintage Retro 80s 80s ECLISSE Italian Leather Cobalt Blue ECLISSE Boots Cobalt Floral Cut Out 8 N 0d918a6 -
About This Author
Vintage Retro 80s 80s ECLISSE Italian Leather Cobalt Blue ECLISSE Boots Cobalt Floral Cut Out 8 N 0d918a6 -
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
Marc Fisher Sayla Peep Toe Ankle Booties, Dark Blue , 8 US , Kurt Geiger Womens White/Black Leather Ankle Boots 36.5Corral Women Naham Brown Tan Distressed Leather Snip Toe Cowgirl Western Boots 6 , Sunflowers Womens 6 1/2 Tan / Brown Boots , Womens Sperry Top-Sider Harlow Shoes Cognac Leather Ankle Wedge Boot Sz 11 M NEW , Polo Ralph Lauren Women's Brown Leather Tall Knee High Boots Size 9B PERFECTBALLY Trevino Women's Brown Leather Mid Calf Boots Italy - US 7 M , Donald J Pliner Black Leather Bixbi Classic Riding Boot – Sz 8M - Ret $398Womens Georgia Boots Farm Ranch Work Logger 7.5M Brown Leather Boots G9245 , BEARPAW Women's Boshie Fashion Boot Taupe Suede Fur Lined Winter Boots , INC International Concepts Women's Hannah Dalmation Boots Pony Hair Size 5.5 MLiz Claiborne Fawn Womens Ankle Boots Taupe Side Zipper Size 11 Medium NEW , New in box Call it spring knee high over the knee black boots. Buckles , Cole Haan Womens Size 6.5 Jessup Shearling Lined Waterproof Boots , EXC Very Elegant Brown Högl Hogl Calf High Leather Boots felt lining 8 AUSTRIARALPH LAUREN '' RADFORD'' ankle western cowboy booties womens boots shoes xz 7BVince Camuto Women's Beige Suede Graysen Ankle Boots Shoe Size 9.5 M NWDWomen's Via Spiga Bernadette Black Leather Knee High Boots Shoes RTL $ 450 NEW1.4.3. Girl Tallis Women's Black RainBoot Shoe Size 9 MTahari Rooster Wide Calf Riding Boots 647, Black, 9.5 US , Sperry Top Sider Shoes Womens Sz 9 Brown Leather Boho Gyspy Ankle Boots Heels , Womens Size 7M Embroidered WRANGLER Cordovan Leather COWBOY BOOTS - Kids Size 5BORN Mallory Marone Brown Leather Tall Knee Boots Shoes size US 7.5 38.5 Zip1D7 Isola Leather Casual Knee Boots Almond Toe High Heels Women Shoes Size 8M , Jack Rogers Marianne Scalloped Low Rise Booties 097, Oak, 6.5 US , Technica Vintage Winter Snow Boots Made in Italy Euro Size 41/42 US 10, 8.5 MensSTEVE MADDEN CELLO DOUBLE ZIPPER BLACK ANKLE BOOTIE SZ 8.5 , Justin black leather embroidered cowboy boots Size 6.5NIB Sbicca Lorenza FOREST GREEN Suede Leather Ankle Boots Womens 7 & 7 1/2 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 7850861 LFTBTT50 Women's Shoes Size 8 M Black Leather Boots Johnston & Murphy , Forever REGAN-45 Dusty Pink Faux Suede Thigh High Platform Creeper Sneaker Boot , White Mountain Dia' Women's Boot, Black, Size 7.0 6DN4tamika-32 Fashion Ankle Buckle Party Prom Casual Winter Women Boots Tan 5.5-Madden Girl "Klash" Tall Dress Boots, Women's Size 7, BlackVera Wang Lavender Label Womens Boots Size 8 Black Leather Block Heel Booties , Australia Luxe Collective Dukes Genuine Shearling Black Boot Size: 5 , NEW MODERN VINTAGE ORSA LIGHT GREY BOOTS WOMENS SIZE 36.5 , Donald J Pliner Ankle Boots Shoes Patent Kitten Heels Toes Stretch Size 6.5 MDV DOLCE VITA Lucile Tall Black Boot W/ Silver Buckles Size 8 M MSRP $130 *Franco Fortini NEW Size 7 Rich Saddle Tan Leather Winchester Knee Boots , AD649 KEP'S by CORAF shoes black gray suede women desert boots , Hunter Chelsea Gloss Brown Rubber Wellington Ankle Rain Boots. Sz 7NIB Tory Burch Caroline 2 Ballet Leather Flats Candy Apple 9.5 $225BURBERRY WOMAN BALLET FLATS SHOES LEATHER CODE 3787428Women Cole Haan Flats Tali Bow Roccia Snake Print LeatherBallet Flats NEW , Ecco Black Patent Leather Bow Ballet Flats Women's Size 36 M* , ZARA LEATHER GLADIATOR STRAPPY SANDALS SIZEMizuno Wave Rider 13 Men’s Running Shoes Size US 11.5 Silver , Women's Adidas Classic Samoa size 7Earth Pax - Women's Lightweight Breathable Leather Navy - 10 Medium , Bottega Veneta Cream Woven Flats , Nine West Women's Account Synthetic Slip-On Loafer Cream / Ivory Size 9 M , stubbs & wootton ladies shoes size 6 pink devil Slippers , VANESSA BRUNO Ballet flats UK8.5 | US/AU 10 | EUR41 , Billy Ella Womens Burnout Velvet Sneakers Burgundy Size 10 NewSkechers Relaxed Fit Empire Sweet Scene Womens Slip On Sneakers /White 9 , Skechers BOBS Womens Bobs Squad-Photo Frame Sneaker- Select SZ/Color.New Womens Skechers 12058 Flex Appeal Obvious Choice Training Shoes Sz 9M (A8) , Womens Pull On Fur Trim Winter Faux Suede Flats Ankle Boots Booties Sweet Shoes
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Vintage Retro 80s 80s ECLISSE Italian Leather Cobalt Blue ECLISSE Boots Cobalt Floral Cut Out 8 N 0d918a6 Boots
Powered by VIP.