The Buzz
All markets and investing news all the time

RALPH LAUREN Made in Genuine Italy LAUREN Dark Brown Genuine Size Crocodile Loafer Size 6 M $995 3d2ca54




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: skins are great with minor scratches. soles show wear
Country/Region of Manufacture: Italy Width: Medium (B, M)
Style: Loafers & Moccasins Pattern: Solid
Heel Height: Low (3/4 in. to 1 1/2 in.) Color: Brown
US Shoe Size (Women's): US 6 Occasion: Any
Material: Crocodile/Alligator Brand: Ralph Lauren

RALPH LAUREN Made in Genuine Italy LAUREN Dark Brown Genuine Size Crocodile Loafer Size 6 M $995 3d2ca54 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
RALPH LAUREN Made in Genuine Italy LAUREN Dark Brown Genuine Size Crocodile Loafer Size 6 M $995 3d2ca54
RALPH LAUREN Made in Genuine Italy LAUREN Dark Brown Genuine Size Crocodile Loafer Size 6 M $995 3d2ca54 - 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%.

RALPH LAUREN Made in Genuine Italy LAUREN Dark Brown Genuine Size Crocodile Loafer Size 6 M $995 3d2ca54

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
RALPH LAUREN Made in Genuine Italy LAUREN Dark Brown Genuine Size Crocodile Loafer Size 6 M $995 3d2ca54 - hollisbaker.com
About This Author
RALPH LAUREN Made in Genuine Italy LAUREN Dark Brown Genuine Size Crocodile Loafer Size 6 M $995 3d2ca54 - 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
 
OLUKAI WOMENS PEHUEA PRINT TRENCH BLUE STORMY BLUE SIZE 7 , Womens Rivets Spikes Studded Leather Flats Loafers Shoes Sneaker Low Top Casual , Sesto Meucci Womens 9.5 M Leather Slip On Shoes Tan White Loafers Made in ItalyOLUKAI WOMENS PEHUEA PRINT TRENCH BLUE STORMY BLUE SIZE 9.5Jon Josef Women´s Gatsby Bumblebee Linen Fuchsia Fabric Loafer Flats , DOLCE VITA Womens 'Xenon' Smoke Suede Zip Mid Sneakers Sz 8 - 231295Womens Munro Maroon Leather Loafers Penny Shoes Sz. 6.5 N NEW! , NEW MSRP $168 COLE HAAN Air Morgan Slipper Ballet Flat, Animal Print, Brown, 8 , Zara womens emerald green suede sandals, size US8, new with box , Eastland Alexis Black Oxfords Women Size 8.5 Brand NewLauren Ralph Lauren Nala Smoking Flats Shoes Black Velvet Large Crest Sz 8 BDolce Vita Maura Blush Suede Studded Open Back Loafer Mule 8.5 NEWFree People Womens Sun Seeker Gladiator Sandals Shoes Olive Size 39 New , LOT 4 VINTAGE DESIGNER CAREER SKIMMER SHOES Size 8 Weitz Vanderbilt Nina NickiJessica Simpson US Shoe Size Women Ballet Flats Slip On Comfort Casual FashionNEW! PATRICIA GREEN Pistachio Green NIKI Loafer Driving Moc Moccasin Spain 8 9 , Womens ECCO BABETT 226220 brown leather fashion sneakers sz. 37 , Naot Kawaka Mary Jane Ballet Flat Walking Shoe Bronze Burnt Copper 10 41 $200! , UIN Women's Bear's Hug Travel Canvas Slip-on Shoe Grayish-green 8.5 , Elie Tahari Women's Mako Espadrille Slip-On Oxfords Angora/Black Size MTwisted X Women's Multi Color Woven Driving Mocs WDM0084Ted Baker IMMEP Floral BOW TIE Ballet Pumps Women's Flats Shoes US 7 NWOB , Womens TORY BURCH bright orange leather ballet flats sz. 5.5 M $225Munro Coast Slip On Walking Shoes - Women's Size 9.5 W - Brown , J. Crew Women Blue Suede Penny Loafers Pointed Toe Slip On Casual Shoes Size 10MBalenciaga Beige Arena Flats EU size 38 / US size 7.5 M made in Italy msrp $275NAOT Miro Slip On LOAFERS Womens size 37 / 6 Black Leather Flat Shoes New in BoxMiu Miu Black Satin, leather lined Ballet Flats w/rhinestone detail,sz. 34.5 , OLUKAI WOMENS PEHUEA PRINT DARK SHADOW MAGENTA SIZE 9.5
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 J.J.Delacrobe Pewter Leather Pointed Toe Mid Calf Boots Size 37 7 , Good INC International Concepts Size 5.5 US Women's Shoes Brown Leather - NBW , Dolce by Mojo Moxy Women's Duffy Boot, Black, 8.5 M USSIZE 6 AA BLACK SUEDE ANKLE BOOTS SHOESLadies Size 4 Blue Purple Striped Low Top Wellington Boots Reflective Shoe WK , Ivanka Trump Women’s Boots Size Us 9.5M/Eur 40 Dark Brown Sued Side Zip BootiesG by Guess Andy Boot - Women's Size 8M, Brown , DKNY NIAGRA ICONIC FUNKY SEXY LOGO TALL RUBBER RAIN BOOTS 3 COLORS I LOVE SHOESEnzo Angiolini Daniana Boot- Women's size 6 M, Dark BrownEasy Spirit Ilsa Leather Boot - Natural US Size 8 , Luichiny Round About Leopard Print 6" Heel Platform Thigh High Boot 7- 11Auth Tory Burch Reva Flats Brown Snake Patent SZ 5 , Dr. Martens Lorrie III Oxford Women Black Leather Sz 7 New $105 Faux Fur Insole , Calvin Klein Women's Felice Ballet Flats Leather New US Size 11 M/WOMENS HUSH PUPPIES ADULTS - ALGARVE WALKING LEATHER SHOESTory Burch Women's Leather Ballet Flats shoes Size 7.5M Bown , Finn Comfort Patent Black Leather Loafer Women's Sz 5Church's Shoes 282717 WhitexMulticolor 36 1/2 , Stunning And Near New Jimmy Choo Electric Blue Leather Flats Sz 41 , Teva Wander Chukka Women's Lake Blue 9.5MCole Haan Womens Garnet II Closed Toe Boat Shoes, Rainstorm, Size 6.0Pleaser Pink Label Womens Divine-435 Ankle Strap Sandal Red Faux Leather StrappyAdidas Cc Sonic Womens Running Trainers Shoes AQ5273 , New ADIDAS Womens SprintStar IV Shoes 11 Purple/Orange track running sprintNew Reebok Womens Astroride Athlux Black Running Shoes Size 8 , Women's Prada Vintage Aubergine Velvet Loafers FlatsClarks Indigo Ankle Heel Boots Black Leather Size 9Trotters Women's Leana Navy Burnished Soft Kidskin/Tan Patent Loafers , Women's Dansko "Diana" Professional Black Leather Mary Janes / US 8.5-9 M , Women's Running Shoes Free Transform Flyknit Tennis Jogging Fashion Sneaker
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
RALPH LAUREN Made in Genuine Italy LAUREN Dark Brown Genuine Size Crocodile Loafer Size 6 M $995 3d2ca54 Flats
692967
4177964
7663993
8647500
9475846
11862247
12594097
15401710
17623914
Powered by WordPress.com VIP.