The Buzz
All markets and investing news all the time

Sunflowers Womens 6 Womens 6 1/2 27788 Tan/ Brown Boots e4ec397




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: Sunflowers
Heel Type: Block Style: Ankle Boots
Heel Height: Med (1 3/4 in. to 2 3/4 in.) US Shoe Size (Women's): 6.5
Material: Leather Color: Tan / Brown

Sunflowers Womens 6 Womens 6 1/2 27788 Tan/ Brown Boots e4ec397 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Sunflowers Womens 6 Womens 6 1/2 27788 Tan/ Brown Boots e4ec397
Sunflowers Womens 6 Womens 6 1/2 27788 Tan/ Brown Boots e4ec397 - 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%.

Sunflowers Womens 6 Womens 6 1/2 27788 Tan/ Brown Boots e4ec397

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Sunflowers Womens 6 Womens 6 1/2 27788 Tan/ Brown Boots e4ec397 - hollisbaker.com
About This Author
Sunflowers Womens 6 Womens 6 1/2 27788 Tan/ Brown Boots e4ec397 - 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
 
Justin black leather embroidered cowboy boots Size 6.5 , NIB Sbicca Lorenza FOREST GREEN Suede Leather Ankle Boots Womens 7 & 7 1/2 MCroft & Barrow Women's Alice Ortholite Rising Boots GG8 Black Size 10 $89.99 , AUTHENTIC FABI BLACK PATENT LEATHER ZIP R. TOE ANKLE BOOTS EUR SIZE 35 ITALY , NEW IN BOX Steve Madden Nubuck Tala BLACK Ankle Open Toe Booties Size 9.5Jessica Simpson Women's Clauds Boot Size 6M USDario Gotti Tall Winter Boots Faux Black Suede Genuine Fur Embellished Sz 8.5/9Dolce Vita Women's Sylo Boots Taupe Suede Ankle Booties Size 6 MNEW JAMBU Women's Rossella Chukka Snow Rain Boot Khaki Water resistant US 9 , Hunter Womens Ocean Blue Rubber Rain BOOTS Original Tall 6 Male 7 Female , Stuart Weitzman Womens Black Leather Ankle Boots Size 8.5M style 3W 67435 , Brighton Leather Cowboy Boot Green Suede Wayne 8.5 Brown Crocodile BraidedCLARKS Women's Carleta Lyon Boot Navy Suede Sz 11 ORIG $110SEYCHELLES LUCKY PENNY GRAPHITE ANKLE ZIP BOOTIE US 7M , NEW Cloudwalkers Women's Boots Corbin Brown Suede Grommets Mid Calf 9W , BCBG MAX AZRIA Women's SIZE 6 36 CHARLIZE $365 Tan Brown Suede Boots Heels p , Franco Sarto Womens Dark Brown Knee Boots 10 MLISA FOR DONALD PLINER IDAS OVER THE KNEE MICROSUEDE PLATFORM BLK BOOTS SZ 6 , A.Giannetti CERTALDO Brown Leather Boots sz. 37 ItalyCole Haan New Jordyn Wedge Bootie Ii Stormcloud Suede 10Baretraps New Dallia2-WideCalf Black Womens Shoes Size 6 M Boots MSRP $109VINCE CAMUTO Black Leather Low Heel Over Knee Boots w/ Studs - 6.5 M - EUC1.STATE Isak Fog Gray Suede Curvy Side Cutout Block Heel Half D'Orsay Bootie , adidas Performance Women's Adizero Attack W Tennis sneakers , Nine West Legretto Knee-High Boots 335, Black/Black, 6 USWOMENS STEVEN BY STEVE MADDEN. ELLYN. TALL BOOT. SZ 9. BLACK. 18" TALL. 3" HEEL , Munro Women's Size 9M Black Newbury Stretch Hi Boots Shoes F1-553Womens NEW Diesel cow leather sport shoes sneakers , Sam Edelman $140 Hannah Lug Motorcycle Boots 8.5 M Booties Suede Steel Gray
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 warm snow boots 2018 heels winter boots new arrival women ankle boots women , Vegan Black Slouch Boot Mid Calf Size 9 , St. Johns Bay sz 8M Brown Tall Mid Calf Leather Side Zip Boots 2.5 in Heels , Nastygal black beautiful booties, size 8Unknown label mid calf pointy boots women Eur 40 US-Aus 9 USED from Italy , Nomad Women's Hurricane II Rain Boot Beige Size 7.0 , Bushnell Mountaineer Women's Mossy Oak Hunting Boot 5M , Claudia Ciuti Womens Shoes Size 6 Black Solid Leather Mid Calf Boots CasualVintage Via Spiga Neiman Marcus Italian Leather Chunky Zip Ankle Boots 8.5B 39I35 Denelli Tie Ankle Boots 427, Black Suede, 10 USEUC Free People Royale Flat Cut Out orange Asymmetrical Shoe Sz 8.5MDolce Vita NEW Women's Size 9.5 Black Suede Deedee Booties NWOB Retails $150.00Joe Browns Rebel Women's Metallic High Heel Ankle Boots With Flower Corsage NewCarlos by Carlos Santana Womens Candace Closed Toe Mid-Calf, Brown, Size 6.5 d0UTODS Womens Loafers Size 8 Beige Ponyhair Black Vibram Sole Italy Leather Lined , NEW Sz. AETREX Berries Black Strap Shoes Dri-lex , NIB CHRISTIAN LOUBOUTIN A6 PVC Specchio PINK/clear Open-toe Flat Shoes 38.5 - 8Giorgio Armani Suede Pointed-Toe Flat Black , NIB Tory Burch Reva Leather Ballerina Flat, Black size 10 , Shellys London Women's Donna Pointed Toe Flat - Choose SZ/Color , Adidas B41661 Women Gazelle Casual shoes green sneakers , Reebok Women's One Distance 2.0 Avon Running Shoe - Choose SZ/ColorPleaser Pink Label Women's Queen 04 Pump Black Patent Pumps , Bellini Women's Dapper Fringe Loafer Grey Patent/Microsuede LoafersChampion US Shoe Size Women Runner Comfort Casual Athletic Sneakers Black WhiteConverse Chuck Taylor All Star Coral Ox Sneaker Women's ShoesSkechers Women's Flex Appeal 2.0 Insight Sneaker, MultiColor, Size 8.0 paeu , Women's Denim Mules by Pierre Hardy FlatsWomen's BRANCHINI Shoes 813400 Multicolor 36 Boots , Womens Knee High Boots Faux Suede Slouch Platform Wedge Heels Pull On Shoes size ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Sunflowers Womens 6 Womens 6 1/2 27788 Tan/ Brown Boots e4ec397 Boots
3797273
4498889
5168828
6123914
8221793
14788895
14806111
15423111
16266220
Powered by WordPress.com VIP.