The Buzz
All markets and investing news all the time

Womans Leather and Faux Fur Leather and Boots Fur fr. Ashro c7ca615

Item specifics

New without box: A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or ... Read moreabout the condition
Color: Gray
US Shoe Size (Women's): 8.5 Brand: Ashro
Heel Height: Low (3/4 in. to 1 1/2 in.) Width: Medium (B, M)
Heel Type: Kitten Occasion: Casual
Fastening: Zip Material: Leather
Style: Fur

Womans Leather and Faux Fur Leather and Boots Fur fr. Ashro c7ca615 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Womans Leather and Faux Fur Leather and Boots Fur fr. Ashro c7ca615
Womans Leather and Faux Fur Leather and Boots Fur fr. Ashro c7ca615 -

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%.

Womans Leather and Faux Fur Leather and Boots Fur fr. Ashro c7ca615

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Womans Leather and Faux Fur Leather and Boots Fur fr. Ashro c7ca615 -
About This Author
Womans Leather and Faux Fur Leather and Boots Fur fr. Ashro c7ca615 -
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
Catarina Martins Amy Women US 9 Blue Knee High Boot Pre Owned 1276 ZipperGray/silver Winter Boots NEW size 10A2 by Aerosoles Women Ride Out Tall Riding Boots - Asst SizesWomens Frye Leather Western Boots 6.5B Brown Cognac 3" Heel Pointed Toe , Skechers Bikers - Zippiest Black Blk Womens Ankle Boot Size 8M , KEEN Women's Elsa El Waterproof Winter Boots, Style 1015634, US Size 5 NEW , Anthropologie High Tied Boots Red Leather 37 Holding Horses Made in SpainNEW/NIB Five Worlds by Cordani Sanchez Ville Studded Riding Boots 9 retail $495Daslo Tall Riding Boots Womens Size Eu 36 Black Rubber Pull On Horseback Riding , Jessica Simpson Black Leather Over-the-Knee Boots Size 9 :) , Hunter Classic Tall Hot Pink Rain Boots Gloss Womens Size 8M/9FHarley Davidson Black Leather Buckle Engineer Motorcycle Biker Boots Size 5.5Camper 45897 001 Sz 37/6.5 Brown Suede Brown Leather Wedge Boots Shoes For Women , Nike LF1 Flyknit Workboot 860558-001 Black White Oreo Women's Lifestyle Boots , EUC Harley Davidson Ladies Black Leather Boots Size US 7.5 , BEBE booties, platform stiletto, black suede, size 8Alegria Caiti Women Red Leather Ankle Boot US 6 Eur 36 Pre Owned UI , Lucky Brand Tulayne Gray Womens Shoes Size 9 M Boots MSRP $129 , JUSTIN Black Suede Leather Fringe Cowboy Boots Womens Size 6 B Style L1958 USA , NIB Pleaser Black Faux Leather Grecian Style Knee High Boots w/Buckles Size 8White Mountain Behari Women's Boots Chestnut , NEW! BLONDO 'Visha' B4936-81 LEATHER Waterproof Ankle Boots, 8.5 - Black Leopard , DANSKO Womens Arisa Nappa Black Leather US 7-7.5 Wedge Ankle Boots , A7EIJE Veda Block Heel Pull On Ankle Boots, Burgundy , 9.5 US , Jeffrey Campbell Havanna last dapper zip Leather ankle boots Us Size: 7.5MRalph Lauren Genna Women's Boots BlackChinese Laundry Spring Street Boots, Women's Size 7, Black , PRADA boots 39 size 8.5 brown leather wedge mid calf fold-over Boot , Women's Duck Boots Suede Snowmobile Boots THOM McAn 9 Thermolite NM Zip up ,
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 Karen Scott Womens Falonn Faux Leather Stacked Heel Booties Shoes BHFO 4691 , 2 Lips Too Women's Too Nova Fashion Boot, Black, 6 M USnew ladies purple Round Toe Sexy Mid-Calf Boots Size 5.5 , Sbicca Rhonnie Women Round Toe Synthetic Mid Calf Boot, Brown, Size 8.5 MWXb , Hot Womens Trim Pull On Riding Boots Rabbit Fur Snow Winter Knee High Boot Shoes , DKNY - WOMENS CASCADE WEATHERPROOF BOOTS - BLACK - SIZE 8 - NWOT , Isaac Mizrahi Ara2 Cognac Brown Quilted Leather Riding Boots 7.5 SALEGREY CUT STRAP ANKLE BOOTIES Shoes Suede Low Heels Boots Boho Designer 5.5-10Kendall + Kylie Women's Size 10 M Blue Crushed Velvet Bridget Boots NWOBGabor Gabor 55.870 Booties - Women's Size 6.5, Purple , NIB Cole Haan Women's 2.0 Zerogrand Stitchlite Oxford Shoes W10587 Optic WhiteRocky Endeavor Point Women's Waterproof Outdoor Oxford - Brown - WomensBCBG Generation Millie Pointed Toe Ballet Flats, Shell, 9 US / 39 EU , Lady Gaga Women Personality Floral Embroidery Mesh Leather Loafer Slip on Shoes , DANSKO Women's Clogs Slip-On Shoes Size 37 US 6.5-7 Brown Leather High Backs , Easy Spirit Alita Taupe Fabric Womens Flats Size 6M , New Converse Womens Ctas Brush Off Black Fashion Shoes Size 5.5Women's Close Toe Pearls Loafers Pointy Toe Flats Heel Mules Shoes Slipper 2019 , NIKE Lunar Hyperdiamond 2 Pro 856492-012 BLACK/WHITE-WHITE-WOLF GREY Size 6.5 , Nike Free Tr 7 Reflect Training Women's Shoes Size 7.5Steve Madden Women's Gills Slip On Platform Sneaker Silver Glitter SyntheticVince Womens Sz 9.5 US 39.5 EU Walsh Stretch Knit Platform Slip On SneakersADIDAS ORIGINALS TUBULAR VIRAL S75915 WOMEN'S LIFESTYLE SNEAKERS SIZE 1O USNIKE Women's Flex Trainer 7 Cross - Choose SZ/ColorEcco Womens Aimee Sport Slip-On Loafer 41- Pick SZ/Color. , Under Armour Womens Seamless Ombre Novelty - Choose SZ/ColorEnzo angiolini Women's Zayra Boot Light Brown US L10.5 R-11 (Different Size) NOB , Motorcycle Punk Gothic Womens Platform Front Zip Combat Shoes Ankle Boots Lit01 , NEW DANSKO PROFESSIONAL PATENT BURGUNDY MARBLE CLOGS SHOES SZ 41Sam Edelman Women's Hazel Pointed Toe Stiletto Heel Pump Black Multi Fabric ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Womans Leather and Faux Fur Leather and Boots Fur fr. Ashro c7ca615 Boots
Powered by VIP.