The Buzz
All markets and investing news all the time

Skechers Ultra Flex-Bright Future Black White Women Women 27788 Casual Skechers Shoes 12849-BKW 229a49e




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
Authenticity: 100% Authentic Guaranteed
MPN: 12849bkw Return Address: Domestic Return For U.s. Customers
Style: Fashion Sneakers US Shoe Size (Baby & Toddler): Us 2c ~ 10c
Width: Medium (b, M) US Shoe Size (Youth): Us 10c ~ Us 7y
Material: Synthetic US Shoe Size (Women's): Us 5 ~ Us 12
Color: Black US Shoe Size (Men's): Us 7 ~ Us 14
Country/Region of Manufacture: Vietnam Brand: Skechers

Skechers Ultra Flex-Bright Future Black White Women Women 27788 Casual Skechers Shoes 12849-BKW 229a49e - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Skechers Ultra Flex-Bright Future Black White Women Women 27788 Casual Skechers Shoes 12849-BKW 229a49e
Skechers Ultra Flex-Bright Future Black White Women Women 27788 Casual Skechers Shoes 12849-BKW 229a49e - 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%.

Skechers Ultra Flex-Bright Future Black White Women Women 27788 Casual Skechers Shoes 12849-BKW 229a49e

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Skechers Ultra Flex-Bright Future Black White Women Women 27788 Casual Skechers Shoes 12849-BKW 229a49e - hollisbaker.com
About This Author
Skechers Ultra Flex-Bright Future Black White Women Women 27788 Casual Skechers Shoes 12849-BKW 229a49e - 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
 
Adidas Hi Top Black Comfort Wedge Sneakers Trainers Shoes Boots AW4853 , Mizuno Women's Wave Rider 21 Running Shoe, Baja Blue/Dazzling Blue, 6 B US , Nike Metcon 2 Black/White Women's 821913-010 SZ 5 , Nike Air Jordan 1 Low GS Gym Red Black Bred Girls Womens Kids AJ1 553560-610Sketchers Stretch Fit White Size 7.5 NEW , New Balance WMNS 996 NB women lifestyle shoes NEW sail white red WR996-SR , Nike Women's Air Max Jewell SE Premium Casual Shoes Size 8 NIB , Altra Provision 3.0 Women's Road Running Shoe 8.5 US- 40 UKWomens Nike AIR JORDAN 1 HIGH ZIP Shoes -Retail $150 -AQ3742 205 -Sz 10.5 -New , Cole Haan Zerogrand Hiking Boot Womens Black Patent Leather Sheep Fur Size 5 NWTWomen's Nike Free 5.0 TR Fit Print Running Shoes Size 7.5ADIDAS I-5923 BOOST W WHITE LIGHT GREY ICE MINT WOMENS SIZE SNEAKERS D97349ASICS Tiger Womens Gel-Lyte Speed Trainers running size 6.5Adidas Originals W Womens Superstar White Rose Gold Classic 9.5 BA8169 Msrp $80Fashion ins Women High platform Wedge Hidden Heel colors Athletic Sneaker Shoe , SAUCONY GUIDE 10 RUNNING SHOE WOMEN'S LIGHT BLUE/BLUE S10351-1 WIDE NEW $120Wmns Nike Downshifter 8 VIII Light Pumice Green Grey Women Running 908994-003 , Reebok X FACE Stockholm Classic Leather Women's Sneakers trainers shoes , Nike Women's Dunk High Skinny PRM Sz 12 NEW 472488 005 Metallic Luster SailNew Womens Reebok CLUB C 85 EMBOSS BS9526 WHITE / BLACK US 5.5 - 11.0 TAKSE , Womens Nike AIR JORDAN 1 HIGH ZIP Shoes -Retail $150 -AQ3742 205 -Sz 9.5 -NewConverse One Star White Silver Polka Dot Platform Shoes 9.5 M Women's NWOB , New Saucony Ride 8 S10274-1 Running Training Shoes Sneakers Silver Womens 6 WIDEADIDAS ORIGINALS SUPERSTAR Children Women's Sneaker Gym Shoe Low Shoes , Asics Women's GEL-Quantum 360 CM Running Shoe T6G6N Flash Coral/Black Size 7M , New FILA Womens RAY FS1SIA1240X BLACK UNISEX SIZE FILA RAY HERITAGE TAKSEASICS Running Shoes LADY GEL-KAYANO 24 Wide TJG759 Smoky Dark Blue US8(25cm)Jambu Women's Apple Blossom Casual Mary Jane , Women's Asics Gel-Resolution 7 Preowned Tennis Shoe 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 Womens High Heels Winter Booties Wedges Fashion Slip On Cute Boots US 4-10 , CLARKS Womens Caddell Rush Closed Toe Ankle Cold Weather Boots, Black, Size 6.5Cole Haan Trella Pump Leather Snake Print New With Box , Cape Robbin Connie-Stretchy Thigh High Open Peep Toe Block Heel Pull On Boot 8 , Franco Sarto Delancy Booties, Women's Size 7.5, Cognac , Women's Lorelle Wedge Hiker Boots - Merona™ NWT Green 9.5 , New West Blvd Horse Print Women Rain Boots Size 10 , Donald J Pliner Boots 6M Womens 6 M Brown Leather Combat Style , Born Black Leather Zip Buckle Mid Calf Riding Fashion Boots Size 8M Style D46903Lucky Women's LK-Ramses Fashion Boot Java 9.5 Medium US , New Lipstik Joanie Womens Block Heel Fashion Cut Out Ankle BootsIsola Shoes Size 7 M Womens New Odin 6406023 Ash Grey Suede Ankle Boots NWOB , BORN CROWN Womens Knee High Fashion Boots Mahogany Brown Leather Riding Size 6MWomen Special High Block Heel Ankel Boots Pointed Toe Leisure Comfortable ShoesCARLOS by Carlos Santana Brie Booties, Women's Size 5.5, Doe , TOD's moccasins loafers, black leather, women's shoe size, US 8.5 $450 , Vince. Warner Gray Womens Shoes Size 5 M Flats MSRP $250 , Victoria Women Flats Oxfords Casual Leather Shoes WhiteWomen New Metallic Furry Rabbit Fur Loafers Shoes Winter Slip On Leather Flat OL , Cole Haan Women’s Grandpro Hi Maple Sugar Nub Sz 6 B W07511 , $675 Prada Patent Leather Leopard Print Pump Flat Moccasins Shoe 37 Loafer. , CLARKS Women's Azella Theoni Slip-On Loafer, Black, 6.5 M USBrooks Adrenaline GTS 17 Running Shoes, Women's Size 11 B, Plum (Damaged) , $670 NIB Prada Leather Ballet Flats NOCCIOLO-BROW Leather 5.5EU/5.5US MUST HAVE!Skechers Sport Womens Synergy 2.0-Headliner Fashion Sneaker- Select SZ/Color. , Chaco Womens Vade Balloo Brown Suede Sneaker Walking Shoes Size 8 , Women's SanDonna Womens Flat- Choose SZ/Color. Flats , Women's BEARPAW Women's Trista Slipper Boots , The North Face Hiking Winter Boots Brown 200 Gram Insulation Womens Sz 6 - 1126 , New Balance 997 Women Made Usa Running Lifestyle Shoes Gym Limited W997ER Sz 8
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Skechers Ultra Flex-Bright Future Black White Women Women 27788 Casual Skechers Shoes 12849-BKW 229a49e Athletic Shoes
1072842
4037202
6054396
6500596
8228571
8976181
11991613
14793248
15368738
Powered by WordPress.com VIP.