The Buzz
All markets and investing news all the time

ALDO Calf Black Suede Pointy Toe Slouchy Suede Mid Calf localjoes-27794 Boot Heels Women's 7 597cebf

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: In great used condition! The outer soles have some wear. The inner soles look very nice! There are some minor scuffs on the suede.
Style: Slouch Boots Material: Suede
Boot Shaft Height: Mid-Calf Color: Black
US Shoe Size (Women's): 7 Brand: Aldo
UPC: Does not apply

ALDO Calf Black Suede Pointy Toe Slouchy Suede Mid Calf localjoes-27794 Boot Heels Women's 7 597cebf -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
ALDO Calf Black Suede Pointy Toe Slouchy Suede Mid Calf localjoes-27794 Boot Heels Women's 7 597cebf
ALDO Calf Black Suede Pointy Toe Slouchy Suede Mid Calf localjoes-27794 Boot Heels Women's 7 597cebf -

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%.

ALDO Calf Black Suede Pointy Toe Slouchy Suede Mid Calf localjoes-27794 Boot Heels Women's 7 597cebf

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
ALDO Calf Black Suede Pointy Toe Slouchy Suede Mid Calf localjoes-27794 Boot Heels Women's 7 597cebf -
About This Author
ALDO Calf Black Suede Pointy Toe Slouchy Suede Mid Calf localjoes-27794 Boot Heels Women's 7 597cebf -
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
VTG WOMENS ROPER COWBOY LEATHER BROWN BOOTS SIZE 6.5 , NEW Qupid Women's Light Pink Floral Embroidered Sateen Booties Size 8.5STEVE MADDEN Kinko Brown Leather High Heel Zip High Ankle Boots Size 8.5 BBrown Mixed Media Fioni Knee-High Fashion Boots, Size 11, New , WOMENS K9 BY ROCKETDOG OSHA CHARCOAL ANKLE BOOTS SIZE 10 NEW IN BOX MSRP$60LEI Brown Faux Leather Knee High Cowboy Western Slouch Boots Size 10 - JINGLENine West Black Leather Fashion Knee High Zip Boots Womens Size 7 M NWPARTAYWomen's A.N.A. A New Approach Size 10M Black Leather Below Knee Zip Boots A13FOREVER 21 size 9 tan suede booties high heels 4 1/2 inchesSam Edelman Womans Beige Suede Ankle Boots Size 5 M , Corsima Clinch K Tan Brown Leather Cowboy Fashion Boots Womens Size 7.5 MEarth Spruce Ankle Boots Distressed Black Gray Size 9.5Nine West Ankle Boots Black Size 7.5 Leather Low Heel Bancker , Zodiac Black Leather Slouch Ankle Boots Size 6.5 M Style 910009 USACROWN VINTAGE Women's Sz 8 Brown Leather Ankle Boots Suede Side ZipMIA Camel Leather Ankle Boots Booties Size 10m Floral Flower Pattern **MINT** , Knee high boots KIM KARDASHIAN BLACK BOOTSClaudia Ciuti Distressed Light Brown Knee High Zip Boots Size 8 M Made in Italy , Gianni BInI Heeled Boots Navy Blue Leather Mid Calf Zip Booties size 8.5 , ShoeDazzle Women's Vasha Block Heel Ankle Boots Sand GG8 Size 8.5NEW Qupid Women's Camel Low Cut Pointed Toe Cowboy Booties Size 6 , Women's Aerosoles Grand Tor Size 10M Ankle Boots Brown Fabric Pull On T2SIMPLY VERA VERA WANG Black Leather Zip Knee High Riding Fashion Boots Size 8.5 , Earth Spirit Classics Black Leather Side Zip Ankle Boots Size 10 M Style FionaKaren Scott Shoe Harloww High Heel Tall Dress Boot 7.5M Brown Faux Leather $79 , Alfani Brown Embossed Lizard Skin Knee High Heels Fashion Boots Size 7.5 M ELIZA , Hi-Tec Womens Altitude Waterproof Leather Hiking Boots Shoes (9.5)Simmi London Women's Suede Chelsea Ankle Boots Nancy Black CB4 EUR:38 US:7St Johns Bay Womens Comfort Ankle Boots Size 7.5 M Brown Distressed Leather ,
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 Chinese Laundry Faith Knee High Boots 506, Black, 6.5 US , Clarks 10 M Mid Calf Boots Brown Leather Side Zip Heel Women's Shoes , I35 Laini Multi Buckle Strap Block Heel Ankl Boots 660, Black, 9 US , NAUGHTY MONKEY, TWICE AS NICE, 0632, WOMENS, BLACK, US 9M, PRE-OWNED , Bearpaw Womens Gweneth Suede Closed Toe Mid-Calf Cold, Black/Grey, Size 9.0 JYof , Women Stiletto High Heels Ankle Boots Pearl Leather Slim Stretch Sexy Black Shoe , Via Spiga Kenzie Wedge Booties MSRP $250 Size 7.5 C5 6 New , LADIES HUSH PUPPIES LEATHER TAN ANKLE BOOTS "MOORLANDWESTERN" , Ruby Shoo June Women's Black Brocade Low Heel Slip On Court Shoes With Bow New , Alegria Boots Faux Fur Linning Womens Size US 10.5 Green Pattern Mid Calf , New Women`s Teva Capistrano Ankle Leather Boots Black MSRP$130Women's Justin Western Leather & Snakeskin Boots Size 6 M 37.5 EUR Black , CLARKS Bendables Women’s Sz 8W Crinkle Leather Side Zip Ankle Boots , Calvin Klein New Jasalina Red Womens Shoes Size 7 M Boots MSRP $199Vintage Lady Cole Haan Womens leather Dress Shoes 1960s NOS New size 7AA tasslesLadies Opening Ceremony Luxor Embossed Leather Loafters Shoe Size 10 , TORY BURCH NEW $198 Laila Metallic Crinkle Wrinkle Bow Driver Flats Shoes Size 7Ladies Rieker Casual Flats Label L3272 , MUNRO M555136 Burgundy Suede Loafers / Slip On Womens Shoes Size US 8M & 10N New , Salvatore Ferragamo Ena Ballet Flats Bon Bon Blush Pink Leather 8.5 ITALY* RARE! , NEW FRYE WOMENS TERRI SLIP ONDonald J Pliner Womens LILIAN Round Toe Loafers, Black, Size 9.5 N6LC , Women's Suede Flat Heels Slip On Pearls Mules Fashion Shoes casual Slingbacks Sz , New Bally slip on loafers size 8.5 Made in Italy , Asics Fuzetora Twist Sneakers Womens Shoes , SKECHERS 833 Skechers Womens Double up - Shimmer Shaker B (M)adidas adizero ubersonic 3 w clay - Black - WomensRivets Buckle Women's Round Toe Chunky Low Heels Side Zipper Ankle Boots Ths01 , Amazing womens ankle boots pointed toe flats snakeskin PU leather Metal color K9 , Adrienne Vittadini Women's Franny Slingback Taupe Kidsuede Slingbacks ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
ALDO Calf Black Suede Pointy Toe Slouchy Suede Mid Calf localjoes-27794 Boot Heels Women's 7 597cebf Boots
Powered by VIP.