The Buzz
All markets and investing news all the time

Women's Boots Size 27332 7-1/2 Ostrich Style Chunk Design Cowboy Chunk Boots Made by Roper 7.5 EUC 2aa4338

Item specifics

Pre-owned: An item that has been used or worn previously. See the seller’s listing for full details and ... Read moreabout the condition
Style: Cowboy, Western
Width: Medium (B, M) US Shoe Size (Women's): 7.5
Heel Height: Low (3/4 in. to 1 1/2 in.) Brand: Roper
Material: Leather Color: Brown
Pattern: Ostrich UPC: Does not apply

Women's Boots Size 27332 7-1/2 Ostrich Style Chunk Design Cowboy Chunk Boots Made by Roper 7.5 EUC 2aa4338 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Women's Boots Size 27332 7-1/2 Ostrich Style Chunk Design Cowboy Chunk Boots Made by Roper 7.5 EUC 2aa4338
Women's Boots Size 27332 7-1/2 Ostrich Style Chunk Design Cowboy Chunk Boots Made by Roper 7.5 EUC 2aa4338 -

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%.

Women's Boots Size 27332 7-1/2 Ostrich Style Chunk Design Cowboy Chunk Boots Made by Roper 7.5 EUC 2aa4338

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Women's Boots Size 27332 7-1/2 Ostrich Style Chunk Design Cowboy Chunk Boots Made by Roper 7.5 EUC 2aa4338 -
About This Author
Women's Boots Size 27332 7-1/2 Ostrich Style Chunk Design Cowboy Chunk Boots Made by Roper 7.5 EUC 2aa4338 -
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
BORN Knee High Suede Riding Equestrian Buckle Boots Women's Size 5-6 (B24)Toe Warmers Purple Snow Boots Canada Womens Size 12 Medium NWOTCat By Caterpillar Coretta Black Womens Waterproof Boots US 5.5 M,Taryn Rose "Dionne" Brown Suede Ruched Ankle Boots Booties Sz 9.5 Comfort , New Womens Trendsetter lonna Black Suede Ankle Boots 7.5 M $95Womens Fur Trim Hidden Wedge Heels Sweet Snow Ankle Boots Shoes Winree Creepers , Sperry Top-Sider Women's Pier View Sneaker US 9 M , AUDREY BROOKE AB Trevor womens black fashion zip ankle boots shoes size 7.5 MVintage 80s NATURALIZER Shiny Black Leather High Heel Calf Boots 7.5M 38 w/ Box , Clarks Narine Ada Grey Leather & Suede Ankle Bootie 9 NEWKaren Scott 'Riser' All Leather Cushioned Side Zip Ankle Boot Cream 9.5M , Cynthia Vincent Suede Leather Booties Mules/Slides Shoes - Black Size 6 , Goth Punk Contrast Trim Mary Jane Pumps Platform Heel Boots Shoes Adult WomenNWT Women's SONOMA Lug Ankle Boots Choose Size Rosalind Claudia Umah BlackMarc Fisher Black Suede Stefani Ankle Boots Bootie NEWClarks Dark Brown Leather Malia Hawthorn Buckle Detail Ankle Boots NEWNine West New Womens Jaelynn Black Boots 5.5 M Shoes NWB , Dirty Laundry Women's Riff Raff Rain Boots Black PVC Size 7 M , Zara Baby Girl Leather Ballerinas With Bow Pink Size 6 NWTToe Warmers Women's Active 99849 Black Waterproof Winter Boots Size 8M , Diba Womens Cowgirl Cowboy Boots Red Leather US size 10 UK size 8 EU size 40.5 , White Mountain Womens bethesda Leather Almond Toe Knee High, Stone, Size 11.0 , BCBG BCBGeneration Women BG-Mocha Knee High Wedge Boot Shoes, Coconut, US 8New! Original Shoe Leather Studded Platform Short Boot , Bearpaw EMMA SHORT Boots 608W 8" Cow Suede Sheepskin AUTHENTIC Womens Sizes NEWNew Women Very High heel Rhinestone Round Toe Bowknot Platform Mid-calf boots , ZARA Woman BNWT Black Shiny Glitter High Heel Ankle Boots EU38 Ref. 7130/101 , Women's Shoes X2B Rosemary 1 Thigh High Embroidered Boot Blue *New*Womens Faux Leather High Top Sneakers Shoes Ankle White Boots Made in Korea ,
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 New, Women's,Dark Brown, Ankle Boots, Tassels, Cherokee, Slip Proof, Comfortable , Women's STEVE MADDEN 8.5 Larent black leather buckle boots AWESOME! , Spot On X1187 Ladies Navy with Ribbon Pull on PVC Ankle Wellies / Wellingtons , Suede Women's shoes Pointy toe Buckle Ankle Strap Chunky Block heel Zip bootsNew Women Breckelles Indiana12 Faux Suede Pointy Toe Zippered Chunky Heel BootieBlack 5"High Wedge Heel 1.5"Platform Round Toe Sexy Knee Boots Size 5.5 , Style & Co. Womens Rudy Closed Toe Knee High Fashion Boots, Black, Size 5.5 HQYK , Clarks Tan Brown Leather Addiy Cora Wrap Strap Ankle Boot NEW , Franco Sarto L-quinera Ankle Bootie Taupe Suede Women's Shoes Size 8.5 M NEWVintage NINE WEST Leather Victorian Heels Granny Steampunk Ankle Boots Size 6.5MLIZ CLAIBORNE - WOMENS - BOOTS - LC GABREY - BROWN - SIZE 7M/W RETAILS @ $120 , NEW $248 Splendid Ruby Over the Knee Tall Boot Taupe Tan Suede Winter Size 7Ralph Lauren Brown Croc Flats Loafers Womens Shoes Size 7 B (SL 117) , NEW Urban Outfitters Vagabond black Suede Pointy Toe Side Zip Flat Shoes 36Madden Girl Womens destory Closed Toe Ankle Fashion Black Fabric Size 9.0 jMkFWomen's CAMPER 'Woody' 46601 Brown Leather Pull On Ankle Boots Sz 38 / US 8Nine West Womens Brown Leather Fashion Boots Made In Italy 38 US 7 - 7.5 , Loeffler Randall Women's Lois Metallic Suede Moccasin Flats Retail $295 size 7SPRING STEP PRO MANILA-BM-M - MANILA Size: - Color:CLARKS Women's Neenah Vine Ballet FlatARAVON NEW BALANCE AAG05DST Womens DELILAH-AR Size 12 b STONE NuBuck Oxfords , Tod's Ladies Suede Ballerinas LIGHT BLUE , ASH Blue Beige Snakeskin Leather Ballet Flats Round Toe Shoes Block Heel US 8.5 , New Wolky RIO sandal in Metallic anthorcite size 42 10.5/11USNIKE WOMENS AIR MAX 2016 SIZES 7.5, 8, 11.5 BLACK ORANGE PINK 806772-006 AIRMAX , Adidas Adizero Tempo 9 Women’s Size 7 Running Shoes White/Aero Blue CP9499 (D1)Superga Women's 2790 Polywool Platform Fashion Sneaker - Choose SZ/Color , Fila Vulc 13 MP Tonal, Pink, Size 6.5 , Skechers Sport Revv Air Black and Purple Sneakers Shoes US10 EU40 SN12268 , Vintage LL Bean Boots Maine Hunting Shoe - Ladies 9 M
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Women's Boots Size 27332 7-1/2 Ostrich Style Chunk Design Cowboy Chunk Boots Made by Roper 7.5 EUC 2aa4338 Boots
Powered by VIP.