The Buzz
All markets and investing news all the time

Irregular Choice Stage Left Cream Mid-Heel soapapp-4305 Gold Choice Womens Slip-On Mid-Heel Court Shoes 814d10a




Item specifics

Condition:
New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition
Brand: Irregular Choice
Material: Synthetic Style: Court Shoes
Upper Material: Synthetic Fastening: Slip On
Linning: Textile Heel Height: Mid Heel (1.5-3 in.)
Sole: Synthetic Pattern: Floral
Model Name: Stage Left Width: Standard (B)
MPN: 4255-17A Color: Cream Gold
Product ID: 51204

Irregular Choice Stage Left Cream Mid-Heel soapapp-4305 Gold Choice Womens Slip-On Mid-Heel Court Shoes 814d10a - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Irregular Choice Stage Left Cream Mid-Heel soapapp-4305 Gold Choice Womens Slip-On Mid-Heel Court Shoes 814d10a
Irregular Choice Stage Left Cream Mid-Heel soapapp-4305 Gold Choice Womens Slip-On Mid-Heel Court Shoes 814d10a - 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%.

Irregular Choice Stage Left Cream Mid-Heel soapapp-4305 Gold Choice Womens Slip-On Mid-Heel Court Shoes 814d10a

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Irregular Choice Stage Left Cream Mid-Heel soapapp-4305 Gold Choice Womens Slip-On Mid-Heel Court Shoes 814d10a - hollisbaker.com
About This Author
Irregular Choice Stage Left Cream Mid-Heel soapapp-4305 Gold Choice Womens Slip-On Mid-Heel Court Shoes 814d10a - 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
 
Women Casual Real Leather SlingbackLoafer Slipper Mule Slide Rivet Slip on ShoesChic Low Heel Round Toe Backless Slippers Casual Leisure Shoes Mules Leather New , LADIES SHOES/FOOTWEAR - Relaxshoe 26759 black boot , Irregular Choice Little Peaches Pink Womens Mid Heel Slip-on Court ShoesBIRKI'S MARY JANE Tan Brown Sandal Clog Shoes Women's Size 240 7M Slip OnWomens Round Toe Slip On Metal Chain Leather Flat Mules Casual Loafers SlippersWomen Real Lamb Fur Lined Square Toe Oxford Court SHoes Pearls Decor Slip OnWomens Buckle Strap Flats Ankle Boots Casual Shoes Leather Pointed Toe Oxfords , Womens Bees Embroidery Slip On Loafers Oxfords Cow Leather Shoes Flats CasualNew Skechers Go Step Distinguised Womens Comfy ShoesArnaldo Toscani Shoes Women Ballet flats Blue 87512 BDT TRENDY2018 Womens Real Leather Loafers Slides Summer Mules Shoes Rhinestone Slippers hNew Womens Bee Rhinestone Decor Loafer Slipper Leather Backless Mule Slide ShoesBritish Womens Casual Loafers Flat Gommino Embossing Driving Oxford Leather Shoe , Womens Flat Shoes Butterfly Wings Suede Casual ankle buckle strap Round Toe hot , New Womens Leather Embroidery Floral Retro Platform Slip on Loafers Pumps Shoes , Womens lady Leather Flats Slip On Loafers Shoes Casual Oxfords Hot Sell 2018 newNew Occident Cow Leather Flat Comfort Soft Slippers Loafers Mules Shoes Backless , Womens Flats Synthetic Leather Fashion Solid Casual Comfy Shoes Round Toe Size , women's shoes EDDY DANIELE 7 () flats gray black suede AV432 , Women Fur Furry Leather Embrodiery Mules Slipper Slip On Loafers Shoes Plus SizeWomens Retro Bowtie Patent Leather Oxfords Shoes Slip on Loafers Pumps British , Womens Slip On Loafers Tassels Round Toe Block Low Heel Leather Brogue Shoes SzLADIES SHOES/FOOTWEAR - Isabella Harlow navy sandal , New Paperplanes Ultra Light Air Cushion Tennis Running Shoes Sneakers For WomenWomens Punk Rivets Studded Leather Slip On Casual Flat Loafers Nightclub Shoes , Women's BlingBling Sequins Round Toe Sneakers Strar Fashion Flats Heel Casual , Womens Slip On Loafers Color Stitching Flats Pumps Flat Shoes Patent Leather hotTreasure & Bond Silver Leather Merrick Fashion Sneakers Womens Size US 6M
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 Thalia Sodi Brisa Women Shoes Black Platform Slouchy Heel Boots Sz 8.5 M , Anne Michelle Boots, size 7.5, from Alloy , NWT AUSTIN TRADING CO RAIN BOOTS RUBBER 8 BLACK PLAID UPPER WATERPROOF SLIP ON , Madden Girl Zoiiee Gray Fashion Dress Casual Biker Comfort Knee Boots Size 7 , Indigo Rd. Zenth Sneaker, Women's Size 8.5, Dark GreenMichael Antonio Women's Lake Ankle Bootie, Winter White, 8 US/US Size ConversionNine West Zarras Size 6 M Tall Brown Leather Boots , Anne Klein Womens Kael Booties Show Black Size 8.5M NewRip Curl Saddle black suede leather calf height wedge platform boots womens 10 , Icora Black Heeled Sequins Boots Size 7.5Vagabond Grace Burgundy Nubuck Ankle Boots with Zips US7.5, 9, 10 (EU38, 40, 41)Urban Outfitters Snakeskin Flatform Boot Size 8 , Hush Puppies Women's Boots Cyra Catelyn Taupe Suede Ankle High Size 7.5 Medium , BORN BROWN LEATHER ZIP HEELED CHILL ULTRA URBAN BOOTS SZ 10/42$250 TORY BURCH Silver Leather Crystal Embellished Women's Ballet Flats 7.5 M , NIB POLLINI LIGHT PINK PATENT LEATHER BALLET FLATS sz 40 EU Made in ItalyNEW J.CREW LILY CAP-TOE BALLET FLATS, G7843, SZ8, VIVID BURGUNDY, $138Taos Footwear Women's Studio Mary Janeplayboy women's sneakers shoes size US 5.5Women Men ALL STARs Chuck Taylor Ox Low High Top Canvas Sneakers Shoes Casual , Easy Spirit Aubree wedge flats slip ons wine burgundy sz 10 Med NEW , Cole Haan Womens Lynnesam Closed Toe Ballet Flats, Pink, Size 6.0PUMA Womens Rebel Mid Wns- Pick SZ/Color. , Pepe Jeans Stark New Mesh PLS30655 Silver 934, Sneakers Basses FemmeKARHU FLUID 3 Fulcrum Road Running Shoes Blue and Pink Womens Size 6.5 , Calvin Klein "Jaiden" Sneaker, Women's Size 7.5, Black , Vans CHUKKA DEL BARCO C&L Black Women's Shoes 8 - Men 6.5 , Womens Casual Wedge Heel Platform Sandals Summer Mesh ankle boots High Top Shoes , Tahari Womens Ankle Booties SYLCIA US 7 M Black Suede Zip Dress 3.5 "Heels , 24 HOUR COMFORT Ingrid Women Wide Width Comfortable Leather Slingback Clogs ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Irregular Choice Stage Left Cream Mid-Heel soapapp-4305 Gold Choice Womens Slip-On Mid-Heel Court Shoes 814d10a Flats
5354344
8233288
9532446
9760252
10426889
11056876
11903696
15076558
18639873
Powered by WordPress.com VIP.