The Buzz
All markets and investing news all the time

CA Collection Boots by Carrini Women's Leather Leather Combat Boots Women's Cognac Size 6.5 New 0c614fd




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: Carrini
Color: Cognac Style: Combat Boots
Pattern: Solid US Shoe Size (Women's): 6.5
Fastening: Zip UPC: 804833469092

CA Collection Boots by Carrini Women's Leather Leather Combat Boots Women's Cognac Size 6.5 New 0c614fd - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
CA Collection Boots by Carrini Women's Leather Leather Combat Boots Women's Cognac Size 6.5 New 0c614fd
CA Collection Boots by Carrini Women's Leather Leather Combat Boots Women's Cognac Size 6.5 New 0c614fd - 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%.

CA Collection Boots by Carrini Women's Leather Leather Combat Boots Women's Cognac Size 6.5 New 0c614fd

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
CA Collection Boots by Carrini Women's Leather Leather Combat Boots Women's Cognac Size 6.5 New 0c614fd - hollisbaker.com
About This Author
CA Collection Boots by Carrini Women's Leather Leather Combat Boots Women's Cognac Size 6.5 New 0c614fd - 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
 
Dolce Vita (DV) Women's 9.5M Black Suede Bootie Ankle BootsWomen's Shoes Pull On Booties Stacked Heel Suede Ankle Height Comfort Shoes 5-10NINE WEST Boots Women's Size 8 High-Calf Tall Zip Black #B1652Kenneth Cole Reaction "Max It Up" Brown Leather Kitten heel Pumps with Bow Sz 7M , Enzo Angiolini Tan / Brown Suede Ankle Boots Women’s Size 8BP Splash Black Rubber Knee High Rain Boots Women's Shoes Size 7 M , Women Wedge Booties Oxford High Heels Ankle Boots Shoes Platform Black Taupe , Report Russi Black Womens Shoes Size 8 M Boots MSRP $69eurostep Hunter 8.5M Women's New Slingback Brown Leather Block Heel Open Toe , BareTraps Womens Size 7.5 Zip Brown Booties BootsWomen's Circa Joan & David Hadliew Black Leather Knee High Boots Size 6 M , ZiGi Soho New Spraypaint Black Womens Shoes Size 8 M Boots MSRP $69 , Bare Trap Suede/Leather Winter Boots Casual Mid Calf Boots 6 , West Blvd Shoes Seattle Mid Calf Rain Boot OLIVE COLOR SIZE 7.5Women's Sam Edelman Tinsley Black Rubber Waterproof Ankle Boots Size 8 M , Style&co. Women's Pointed Toe Stiletto Heel Side Zip Mid Calf Boot Brown Sz 8 , Women's Aerosoles Allowence Black Wedge Heel Ankle Boots Size 10 M , Bass (Grace 4403-200) Brown Suede Zip Up Ankle Boots Women's US Size 9.5MKaren Scott Harloww Black Womens Shoes Size 8.5 W Boots MSRP $79 , ZiGi Soho Spraypaint Brown Womens Shoes Size 9 M Boots MSRP $69Women's Naughty Monkey Arizona Black Suede Slingback Heeled Booties Size 10 MWhite Mountain Neponset Brown Womens Shoes Size 8.5 M Boots MSRP $69Gelati Grey Suede Round Toe Ankle Boots Size 9.5 , Report Women's Syreeta Faux Fur Tall Boots in Black Women's 9/9.5 extra narrowNew YUU 6.5 Brown Buckle Tall Riding Boots Side Zip Elastic Inset , Thalia Sodi Teca Black Womens Shoes Size 8 M Boots MSRP $79.99NEW Ladies Chic Ankle Boots by Liz Claiborne, Size 9M,DustyRose,MemoryFoam,NEWSize 7 1/2 NINE WEST Stiletto Heel Boots NATURAL LEATHER Square Toe Zip NWNEOLAr , American Rag Desyre Brown Womens Shoes Size 6.5 M Boots MSRP $59.99 ,
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 MINNETONKA BLACK SIZE 8 MADE IN DOMINICAN REPUBLIC , Ariat Women's Fatbaby Pull On Boots Brown Rebel/Brownie 10000822 US Size 7B USEDEUC Vince Camuto Black Trapeez Buckle Ankle Booties Sz 5MRARES BOTTES BRONCO T 39 ROUGE SANG COW GIRL COUNTRY WESTERN VINTAGE ACH IM , Black Faux Suede Over the Knee Studded Fashion Boots Size 7M JoaquinWomens Over Knee Thigh High Boots Stretchy Faux Suede Block Heels Shoes Plus Sz , COLUMBIA WOMENS 6.5-8-8.5-9-SIERRA SUMMETTE SHORTY SNOW BOOTS NWT BLACKWomen's New Leather Cowgirl Western Biker Boots Snip Toe Blue SaleWomen's Shoes Born Boots D17722 VBEH13 Brown Side Zipper Size 7.5M US 38.5 EU , Guess New Women's Yadra Taupe Leather Designer Ankle Booties Heels Boots sz 9 , NEW! Vince Camuto VC-HADRIEN Womens Hadrien Ankle Bootie, Rustic Size 9.5 , Vince Camuto Fredrica Tall brown Quilted Leather Riding Boot Size 6.5 , Vasque Breeze III Low GTX Hiking Shoe- Women's Size 9.5 M, Gargoyle/BlueNew Womens Ahnu Jackie Reptile Black Leather Espadrille Loafer Shoe Slip On , Brandnew Dolci Firme Bianca Buccheri Ankle Boots RRP $529 , LARTISTE AMORA-PK - AMORA Size: - Color:Roper Women's Performance Casual Leather Loafers Tan 10 M , JCrew Lily ballet flats in snakeskin-printed leather $148 G7853 Pale Stone 6.5Anne Klein Zasa Mules, Women's Size 9 M, Blue , Paul Smith Flat Plimsolls Leopard Design Natural Fur Size EU38 UK5samples shoes DRAVEN LADY MILIT POINY SLIP ON ARMY WOMENNew WOmens Pointy Toe Slip On Star Embroidery Leather Shoes Multi Loafters J , Saucony Omni TR Running Shoes, Gray/Lime, Womens US Size 10 , FINN COMFORT 9 US (6 1/2 UK), womens burgandy-leather sandals, S-W-44ZARA NEW WOMAN SS18 SNAKE SANDALS WITH BRAIDED ANIMAL PRINT STRAPS REF:2654/301Women's Onitsuka Tiger Delegation Light Athletic Shoes , Women's Red Valentino Espadrilles Flats , AIWEISHANU GOTHIC STYLE ANKLE BOOTS/SNEAKERS - ALBANO - WEDGE - BLACK - 35 - NWTConverse Women's Abbie XX Hi Boots Athletic Navy US 7 NOB Sample NWDWomen Stylish Pointed Toe High Heels Chunky Patent Leather Skipproof Ankle Boots ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
CA Collection Boots by Carrini Women's Leather Leather Combat Boots Women's Cognac Size 6.5 New 0c614fd Boots
201196
1005856
2590184
4925537
11409447
12532354
16012420
16898064
18692923
Powered by WordPress.com VIP.