The Buzz
All markets and investing news all the time

AGL Attilio Giusti Giusti Leombruni soft leather 40 black leather elasticized ballet flats 40 751a737

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: Minor scuffing on toes. Rubbing on inside of one shoe causing roughness of leather. Minor scuffing on back of heels.
Style: Ballet Flats EUR Shoe Size (Women's): 40
US Shoe Size (Women's): 9.5/10 Color: Black
Material: Leather Brand: Atillio Giusti Leombruni AGL
UPC: Does not apply

AGL Attilio Giusti Giusti Leombruni soft leather 40 black leather elasticized ballet flats 40 751a737 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
AGL Attilio Giusti Giusti Leombruni soft leather 40 black leather elasticized ballet flats 40 751a737
AGL Attilio Giusti Giusti Leombruni soft leather 40 black leather elasticized ballet flats 40 751a737 -

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%.

AGL Attilio Giusti Giusti Leombruni soft leather 40 black leather elasticized ballet flats 40 751a737

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
AGL Attilio Giusti Giusti Leombruni soft leather 40 black leather elasticized ballet flats 40 751a737 -
About This Author
AGL Attilio Giusti Giusti Leombruni soft leather 40 black leather elasticized ballet flats 40 751a737 -
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
J Crew Black Patent Leather Metallic Trim Flats Size 8BX406 SERGIO CIMADAMORE shoes black leather patent leather women moccasins , Old Friend Women's Soft-Sole Moccasin Slipper, Chestnut, Size 6.0 , Chloe Light Brown Gold Tone Buckle Slide On Closure Women's Flats Size 8.5Women's Shoes Born LETITIA Slip On Flat Opanka Construction Leather TANYuu Eddison Slip On Shoes Black Size 8.5M , Aerosoles Women's Map Out Loafer, Beige, Size 6.0 , BX409 EMANUELLE VEE shoes black textile suede women slip onUse-Custom-Brand Womens Restore Round Toe Loafers , Women Merrell Murren Moc Waterproof Size 7 J02176 , Not Rated Womens BRIT Fabric Round Toe Ballet Flats, LEOPARD, Size 8.5 , J. Crew Jayne Leather Ballet Flats Black T Strap Gold Chain Size 8 Italy $198 , Free People Everglades Ballet Flats Shoes by Silent D Gold Size 8 $100 , Klogs Cardiff Womens Clog Shoes Black Wigwam 7 M , AX904 EDDY DANIELE shoes black suede women ballet flatsBallerines Babies CAMPER Cuir Rouge T 36 TTBENurse Mates Womens Faxon, White, Size 8.0 , NAOT ESSENCE BEIGE SUEDE MARY JANE FLATS SHOES NUBUCK LADIES EURO 36 US 5 - 5.5Kork-Ease Women's Maddison Black Mule 10M , Kelsi Dagger Brooklyn Women's Alton Ballet Flat, Clover, Size 8.0Dolce & Gabbana Womens Shoes Size 36.5 Brown Loafers Animal Flats CowhideSeychelles Womens Quake Closed Toe Oxfords, White, Size 6.5 JUPB , AHNU TULLIA II WOMEN MARY JANES LEATHER PORTER 10 // , Kelsi Dagger Brooklyn Arbor Loafer Black Corduroy Slip On Flat Oxford ShoesHush Puppies Women's Odessa Evaro Slip-on Loafer Tan Leather Size 8.5Zara Women Platform Derby With Beading Shoes Size 6.5 NWT , Naturalizer Women's Saban Slip-On Loafer Black Size 6.0Sperry Top-Sider Women's Authentic Original Two-Eye Boat Shoe, Sahara, Size 7.0 , VINCE CAMUTO WOMEN’S LILLIANA 4 LOAFERS, PEWTER METALLIC NAPPA
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 Amanda Smith womens tan leather ankle boots size 8.5 M , Weatherproof Purple Quilted Zip Front Grace Ankle Boot New , Womens SO ankle Brown cowboy western boots US Size 7.0 M , LifeStride Womens Xandy Almond Toe Knee High Fashion Boots , Justin Boots Womens Size 7 C WIDE Black Leather Cora Ropers Model L3703 CycleBjorndal Light Brown Suede Round Toe Slip On Mid Calf Boots Size 8Vince Camuto Federa Nubuck Side Cutout Booties, Women's Size 9.5 M, Brown NEWStyle & Co. Womens witty Closed Toe Ankle Fashion Boots, Tan, Size 11.0 QWg0 , Dingo Brown Cowboy Boots D1701 Womens Size 8M*Bottes Sexy Aspect Cuir Mode Fashion Haut Talons 14Cm P35 - 40! NEUVES! , 31871 Skechers BOBS Pureflex 3 Catch Em Womens Slip On Alpargata Skimmer FlatsCole Haan Womens Shoes Size 7 Green Textured Suede Leather Flat LoafersElegant Women Ankle Metallic Strap boot Stiletto High heels Platform Pumps BootsLL Bean Tek Women's Insulated Waterproof Hightop Hiking Boots Size 8 Medium EUC , Faith Black Leather Suede Flat Buckle Detail Ankle Boots 7 40 US 9 New , Via Spiga Jorie2 Women's Block City Sandal Shoes 7MSkechers Women's Hampshire-MANCHESTER 48893 Black 3M Thinsulate WaterproofNEW $340 AGL Grommet Suede Leather Ballet Flat 36.5/6-6.5 Shoe Mist Grey Studded , FitFlop Shuv Leather Black Size US 6 Clogs Slip On Shoe , Robert Zur Womens Pewter Flats 5.5 BYves Saint Laurent 8 N Narrow Leopard Animal Print Fur Loafers Italy LeatherFly London Coby 087 Black Womens Leather Slip on Block Heel Shoes , NEW FINN COMFORT WOMEN SHOE SIZE 6.5 U.S/37 Wide EUR BLACK LEATHER MINTRARE $925 Rupert Sanderson Black Flames Embroidered Slipper Flats 9.5/ 39.5NEW Balenciaga Pale Pink Arena Leather Ballet Flats Loafers Shoes , LADIES SHOES/FOOTWEAR - Sundowner Sandal Claudia brown woven , New Balance Women's 990 W990KM4 Komen Pink Ribbon Running Shoes Sz 8Mizuno Running Womens Wave Sonic Running-Shoes , Pleaser Women's Delight 3050 Black Stretch Patent/Black , Mizuno Wave Creation 14 Women's Running Shoes Beetroot/White/Purple Magic US 6 ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
AGL Attilio Giusti Giusti Leombruni soft leather 40 black leather elasticized ballet flats 40 751a737 Flats
Powered by VIP.