The Buzz
All markets and investing news all the time

Seychelles Lucky Seychelles Penny Women's Black Black Women's Boot 5.5M e4071f9

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: This item was a floor sample, it was tried on a few times and shows some signs of wear on the soles but still in very good condition. Please view all photos.
Brand: Seychelles Material: Leather
Style: Lucky Penny Pattern: N/A
Width: See Size US Shoe Size (Women's): 5.5 B(M) US
Color: Black UPC: Does not apply

Seychelles Lucky Seychelles Penny Women's Black Black Women's Boot 5.5M e4071f9 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Seychelles Lucky Seychelles Penny Women's Black Black Women's Boot 5.5M e4071f9
Seychelles Lucky Seychelles Penny Women's Black Black Women's Boot 5.5M e4071f9 -

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%.

Seychelles Lucky Seychelles Penny Women's Black Black Women's Boot 5.5M e4071f9

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Seychelles Lucky Seychelles Penny Women's Black Black Women's Boot 5.5M e4071f9 -
About This Author
Seychelles Lucky Seychelles Penny Women's Black Black Women's Boot 5.5M e4071f9 -
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
Cape Robbin Women Peep Toe Lucite Chunky Heel Ankle Bootie White Size 6Ladies Spot On Zip Up Rouched Western Style Mid Calf Boots with 3" Heel F50176DV byDOLCE VITA $329 GAGE BLACK Leather Western Riding Knee High BOOTS 6.5 M NWT , KAREN SCOTT LENA BLACK WOMEN'S BOOTS SHOES 5DOLCE by Mojo Moxy Womens Nora Round Toe Ankle Fashion Boots Black Size 7.0 , LUCIANO BARACHINI - BOTTINES TALONS TOUT CUIR VELOURS NOIR 37ITL 38FR EXCEL ETATUnisa Womens Eiilena Fabric Closed Toe Ankle Fashion Boots Black Size 7.5 , Merrell Glacier Shell Women's Black Hiking Boot 9MVasque Women's Talus Bungee Cord/Purple Waterproof Hiking Boots 11MNew EMU Australia Spindle Lo Genuine Sheep Fur Boots women's size 5Bella Vita Women's Telluride Ii Slouch Boot Brown Size 12.0Bottines STRENESSE - GABRIELE STREHLE cuir brun taille 39,5 , Style & Co. Womens Ciley Suede Closed Toe Ankle Fashion Chestnut Size 7.0 , L.L. BEAN MADE IN USA DISTRESSED WINTER DUCK HUNTING MAINE RAIN BOOTS SIZE 9 B , G by Guess Womens Taylin 2 Closed Toe Ankle Fashion Boots Red Size 10.0 , Louise Et Cie Zalia Women's Cognac Boot 6.5M , Qupid Women's Val-54 Boot Taupe Size 6.0SAN MARINA - BOTTES TALONS 6 CM POINTUES TOUT CUIR NOIR 35 - NEUF , TREMP - BOTTES TALONS 8 CM TOUT CUIR MARRON NUANCé 38ITL 39FR - TRES BON ETAT , Jack Rogers Marianne Women's Oak Boot 9M , born Womens Michel Almond Toe Ankle Fashion Boots Black Size 6.0 Mx2rKlub Nico Women's Zally Brandy Boot 8M , Jessica Simpson Womens Pacifika Pointed Toe Mid-Calf Black LXPTSC Size 8.5 2cYRear Wind River Women's Red Rain Boots Short Size.US 7// , PRe-Owned Via Spiga Black knee high riding boot 8.5M defect , Sbicca Womens Cardinal Leather Closed Toe Ankle Fashion Boots Khaki Size 7.0 , Salomon Kaina Mid CS Women's Deep Blue Waterproof Winter Boots 6MSteve Madden Women's 'Harber' Bootie (7.5M, Taupe Suede)New Clarks Enfield Tess Bootie women's size 10
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 Journee Collection Tinsly Women's Exposed Ankle Boots,Taupe Size: 5.5, Lt BeigeDonald J. Pliner "Parker" Brown Peace For Children Ankle Boots Shoes Womens 5.5MWolverine 1883 by Women's Elsie Oxford, Taupe, 7 M US , Taryn Rose Women's Black Patent Leather Block Heel Ankle Booties Size M , Womens Black 1.5" Low Block Heel Buckles Sexy Knee Boot Size 7NEW! Covington Women's Jennifer Boots ChocolateCole Haan Air Whitley Buckle Strap Boots Sz 7.5 Black , Tory Burch Oren Peep Toe Bootie sz 6.5 NWOT$450 BCBG MAXAZRIA Women MA-Valerie1 Knee High Boot Shoe,Grigio Kidsuede,US 9CA COLLECTION Camouflage Military Combat Boots UNIQUE Womens Shoes Size 6 �KAMIK RAINDROPS GIRLS PURPLE RAIN SNOW WATER PROOF BOOTS 6 NEWMARCO TOZZI Women's Boots Ankle Boots Brown 25304 NEW , EARTH ORIGINS DOLLY WOMENS 8 M BROWN SOFT MACCHIATO LEATHER & PIG SUEDE BOOTS , New MIA Raven Peep Toe Ankle Boots, Blk Faux Suede, Women's Size 7.5M, 3" Heel , Pirate Wench Pointed Toe Platform Stiletto High Heel Boots Shoes Adult WomenCharles by Charles David Women's Gunter Fashion Boot Black B Size 8.5 1KgsWhite Mountain Size 7.5 Brown Ankle Boots New Womens Shoes , NIB $185 Gentle Souls SNAKE SERPANT CULEBRA ISO KIX Flats Shoes Womens 8 MCHRISTIAN LOUBOUTIN Follies Strass Crystal Ballet White Patent Shoe EU38WALDLAUFER WOMEN'S NINA HANIN WALKING COMFY WEDGE SLIP-ON, WIDE WIDTHMagic Womens Zip Sneakers High Top Sports Athletic Casual Running Creepers ShoesNike Womens Turbo Shox Black & Silver (Radier Colors) Sz 9 Read Description , Saucony Originals Womens Shadow O Suede Heritage Running Shoe- Pick SZ/Color. , Paul Green Munchen Womens Blue Suede Sneakers Shoes Size 5adidas Originals Women's Superstar W Sneaker - Choose SZ , Adidas Cc Rocket Boost W Women's ShoesBROOKS Womens Glycerin 8 Running Shoe Sz 8 B Lightweight Walking 1200681B434 Euc , Women's Beautiful Women's Leather Boots BootsWomen's Sweet Cute Comfort Flat Heel fashion Side Tassels Ankle Boots Shoes SizeShoes Basket Heart Leather Wn´s Puma White Women 367817-01 ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Seychelles Lucky Seychelles Penny Women's Black Black Women's Boot 5.5M e4071f9 Boots
Powered by VIP.