The Buzz
All markets and investing news all the time

Sofft Womens Oakes Strappy Ankle Boot Sofft US - Anthracite Suede Oakes Size US 10 8f15d98

Item specifics

Condition: New without box :
A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or may be missing original packaging materials (such as the original box or bag). The original tags may not be attached. For example, new shoes (with absolutely no signs of wear) that are no longer in their original box fall into this category. See all condition definitions- opens in a new window or tab
Seller Notes: Some scuffing on suede from having been shipped without a box. Some dark marks on suede, possibly from a manufacturing error. Sticky residue from price stickers left on outsoles. See pictures for details.
Brand: Sofft Material: Suede
Style: Ankle Boots Pattern: Solid
US Shoe Size (Women's): 10 Occasion: Casual
Width: Medium (B, M) Fastening: Zip
Color: Brown Country/Region of Manufacture: China
Heel Type: Wedge UPC: Does not apply
Heel Height: Med (1 3/4 in. to 2 3/4 in.) MPN: Does not apply

Sofft Womens Oakes Strappy Ankle Boot Sofft US - Anthracite Suede Oakes Size US 10 8f15d98 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Sofft Womens Oakes Strappy Ankle Boot Sofft US - Anthracite Suede Oakes Size US 10 8f15d98
Sofft Womens Oakes Strappy Ankle Boot Sofft US - Anthracite Suede Oakes Size US 10 8f15d98 -

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%.

Sofft Womens Oakes Strappy Ankle Boot Sofft US - Anthracite Suede Oakes Size US 10 8f15d98

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Sofft Womens Oakes Strappy Ankle Boot Sofft US - Anthracite Suede Oakes Size US 10 8f15d98 -
About This Author
Sofft Womens Oakes Strappy Ankle Boot Sofft US - Anthracite Suede Oakes Size US 10 8f15d98 -
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
BLACK OR RED PATENT LEATHER BALLET BOOTS SIZE 10-16 HEELS-0'- PRODUCER POLANDWomens Luxury Over Knee High Boots Fur Trim Warm Shoes Stilettos Heels WinterZARA AW17 FLAT LEATHER ANKLE BOOTS WITH TOE CAP DETAIL DARK GREY REF. 5153/201NIB NWT CROCS MODESSA SYNTH SUEDE BUTTON BOOT BRONZE OATMEAL 7 8 9 10 WOMENLadies SOA Mammoth Winter Slippers Boots Pull On Boot Size 6-11 Faux Fur LiningFleet & Foster Cambridge Leather Chelsea Ankle Pull On Black Boots Womens LadiesSo Me Alex Soft Velvet Leopard Pointy Toe High Heel OTK Thigh Boot 6.5-11Nine West Women's Black Entity Leather Heeled Bootie Shoes $130 New , MINELLI Bottines Boots Cuir Lisse Noir Doublées Cuir T 39 BEWomen Side Tassels Platform High Block Heel Knee High Boots Soft Leather Shoes , Elizabeth and James Womens Heidi Black Riding Boots 8 Medium (B,M) BHFO 4576Isaac Mizrahi Medium Calf Leather Riding Boots Zip Dark Brown 9M NEW A267123MackinJ Pointed-toe Faux Suede Studded Thigh High High Heel Dress Boots(181-1)Women Punk Pointed Toe Buckles Rivets Pumps Leather Suede Ankle Boots Bikers Hot , Women's Pointed Toe Velvet Ankle Boots For women 9.5CM High Heel Boots Shoes , Divaz Demi Ankle Slip On Womens Tan Heel Fashion Zip Up Boots Shoes UK3-8 , Vince Camuto Womens Beatrix Pull On Tall Over The Knee Equestrian Riding BootsVasque Women's Coldspark UltraDry Snow Boot, Anthracite/Aluminum, Size 6.0DONNA KARAN Wine Embossed Zip Ankle High Heels Shoes - size 39 / 9 SAMPLE , SHOES SILO Bottes à Talons Cuir Marron Noisette Doublées Cuir T 38 TBE , Hollywood-01 Over Knee Thigh High Open Toe Cone Heel Grpahic Print BootsWomen Over Knee Boots Slouch Suede Pointy Toe Stiletto Heels Pull On Casual Shoe , New Catherine Malandrino Women's Sorcha Over The Knee Boots Brown Size: 8.5IKKS Bottes Cuir Vieilli Blanchi Gris Doublées Cuir T 38 TBE , Bottes BAXXO Cuir Noir T 38,5 TTBELA GROSSE BOTTE Bottes Genoux Vintage Tout Cuir T 35 BEDELICIOUS CAMEL FAUX SUEDE FUR TRIM BOOT 4 " STILETTO HEEL WOMEN LADIES 7 NEW , $200 BORN Shaylee Black Leather Tall Zipper Biker Boots US 7 , Anne Klein Womens Yarisol Closed Toe Ankle Fashion Boots, Black, Size 6.5 ,
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 Bandolino Lethia Brown Womens Shoes Size 7 M Boots MSRP $109NWB Gianni Bini Night Brown Leather suede buckle Knee High Boots Womens 6.5Dakota Quad-Lite Aluminum Toe Steel Plate Women's Taupe Work Boots 7 EEMadden Girl "Klaim" Black Combat Booties Size 6 Retail $79 , $119 NEW EMU Australia 'Numeralla' Green Ankle Boots ~Size 7 , Vintage CANDIES Boots Blue Suede DENIM Knee Fold Over High Heels 70s 80s 6 , Cape Robbin Beautiful 64 Olive Pointy Toe Slouchy Mid Calf Chunky Heel BootsLadies Cowboy Boots Western Rampage Resa 11M Brown Faux TurquoiseNIB Easy Spirit LANIER Leather Ankle Low Heel Boots Shoes Sz 7.5 BrownNew Womens Boots BLACK LEATHER UPPERS, Sub 100 Lot 7005, LC Heather, size 8.5 MNaturalizer Women's Nailah Black Leather Mid-Heel Bootie Shoe Size 4.5 N USZIGI Rock & Candy Women's Spraypaint Combat Booties LT Taupe Cuffed Size 10 MReba Size 7.5 M ZANIA Brown Leather Ankle Boots New Womens ShoesDurango Crush RD4151 Brown Studded Cowgirl Western Boots Women's 7M , Munro Women's Black Luna Ballet Flats 1445 Size 7MWomens Dansko Professional Linen Patent Casual Pro Clog 406440202 Sizes 37-41 , Authentique mocassion en cuir NDC X CLOSED valeur *NEUF* , NIB $150 Rebecca Minkoff Mika Loafer Mule Slip On Shoes Slippers Gold Size 10.5 , AQUATALIA Size 6 GWENDOLYN Pewter Metallic Loafers Flats ShoesNEW GIUSEPPE ZANOTTI OUTSEASON WOMENS CRUELTod's Dee Blue Suede Belted Cap Toe Ballet Flats Size 36.5 Women's shoe New $445Womens Mephisto Made in Portugal Stylish Brown Leather Mules Shoes Sz. 6 NEW! , 25025235-001 Nine West Womens Zoona Flat- Choose SZ/Color. , Salvatore Ferragamo Women's VARINA11 GROSGRAIN Stampa/White/MulticolorSkechers Sport 12365 Womens Synergy 2.0-Headliner Fashion SneakerSkechers Relaxed Fit Breathe Easy Big Break Womens Sneakers Navy 9Nike Air Force Zoom Pegasus 31 Women's Shoe 652925 010 Size 6 , Women's Baretraps Sheigh Women's Boots Taupe BootsWomen's vero cuoio high heel boots Boots , Nike Wmns AF1 Sage Low Air Force 1 Wedge Bold Platform Womens Shoes Pick 1
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Sofft Womens Oakes Strappy Ankle Boot Sofft US - Anthracite Suede Oakes Size US 10 8f15d98 Boots
Powered by VIP.