The Buzz
All markets and investing news all the time

Sam Edelman Edelman Petty Ankle Boots - Women's localjoes-27164 Size 8.5 Size M, Putty 8801b4e

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: Pre-owned with normal wear. Lint and scuff marks on the toes, along the sides, and back heels. Fading and discolorations on shoes due to scuff marks and wear. Zippers work properly. Bottom soles are dirty fro previous wear.
Style: Ankle Boots Fastening: Zip
Color: Putty Width: Medium (B, M)
Brand: Sam Edelman Heel Height: Med (1 3/4 in. to 2 3/4 in.)
US Shoe Size (Women's): 8.5 UPC: 017113437289

Sam Edelman Edelman Petty Ankle Boots - Women's localjoes-27164 Size 8.5 Size M, Putty 8801b4e -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Sam Edelman Edelman Petty Ankle Boots - Women's localjoes-27164 Size 8.5 Size M, Putty 8801b4e
Sam Edelman Edelman Petty Ankle Boots - Women's localjoes-27164 Size 8.5 Size M, Putty 8801b4e -

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%.

Sam Edelman Edelman Petty Ankle Boots - Women's localjoes-27164 Size 8.5 Size M, Putty 8801b4e

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Sam Edelman Edelman Petty Ankle Boots - Women's localjoes-27164 Size 8.5 Size M, Putty 8801b4e -
About This Author
Sam Edelman Edelman Petty Ankle Boots - Women's localjoes-27164 Size 8.5 Size M, Putty 8801b4e -
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
Spring Step Vanish Black Winter Snow Boots Womens Size / US 7.5-8Jeffrey Campbell Hunt The Plains Black Boots Size 9Dolce Vita Dee Black Patent Pointed Toe Pull On Kitten Heel Bootie 7.5M NWOB , Propet Dayna Boots - Women's Size 9W, Navy Blue/Multi ~New~ , New Ecco Womens Hobart Side Zip Knee High Boot Black Leather Size 39Mia Jeri Distressed Cuff Boots, Women's - Size 11 M, TaupeDr. Scholl's Brilliance Riding Boots, Whiskey , Maison Margiela 41 EU Open Toe Booties , Vince Camuto “Parle”Over The Knee Boots Size 5.5 , Dolce Vita Zabi Taupe Nubuck Pull On Stacked Heel Ankle Boot NWOB 8MJEFFREY CAMPBELL Olive Green Khaki Combat Boots 8 m Lk Nw!!SPERRY TOPSIDER Celeste Bliss Wedge Bootie, 8.5 Lk Nw!CLARKS Women's sz 8W Everlay Mandy Boot Black Leather Ankle Bootie NWOBKamik Womens Waterproof Winter Boots Teal 7 W0307Cole Haan RAYNA Brown Suede Waterproof Wedge Ankle Boots Women’s Sz 9.5 BDolce Vita Iona Ankle Boot - Size 8 Black Suede Leather ~ New in BoxNew Enzo Angiolini Women's Tall Shaft Boots Black Leather Size 6FLY London Perforated Leather Wedge Sandals - Yake Black/Wht sole) 38(7-7.5)John Fluevog Women’s Black Booties With Side Zipper Pointed Toe Need Repair Sz11Vagabond Marja Taupe Suede Ankle Boot - NEW - Sz 38Women's Justin USA BRL212 Gold Tanish Brown Damiana Cowboy Western Boots Sz 6 B , NEW Bearpaw NATALIA PLUM NEVERWET Suede Tassel Accent Ankle Boot , Johnston & Murphy Black Tall Boot W/Heel -Pebbled Leather SZ 10 WomenHunter For Target Women's Waterproof Ankle Rain Boots Pink Size 10Womens Dark Slate Tall Original Hunter Boots Size 6m. Fits Womens 7 In Reg Shoes , NIB Clarks Women's Nevella Bell Soft Cushion Dark Taupe Suede Ankle Boots 7.5M , Blondo Vegas Waterproof Bootie - Women's Size 9.5M BrownVINCE CAMUTO Black Leather Zip Quilted Knee High Riding Boots Size 10 B Rianer , Ariat Women's Heritage R Toe Brown Western Cowboy Cowgirl Boots 10001015 Size 6B ,
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 Rockport Womens 9 M Booties Presia Suede Black Gold Side Zip Heels Shoes , Karen Scott Womens Hulah Closed Toe Over Knee Fashion BootsJournee Collection Womens Rimi Closed Toe Ankle Fashion Boots Pink Size 8.5 IWBANDOLINO CARLOTTA 2 TONE BROWN BUCKLED TALL RIDING BOOTS Women's 10.5 , Canyon River Blues Brown Shoe Boot Women's 8MCarlos Santana ALEXIA Women Knee High Boots Embroidered Floral Navy Blue size 6Aerin Women's Storm Brown Suede Wedge Heel Back Zip Booties Size 11Dr.DocMartens 12035 AirWair Womens UK6/US8 Brown Leather Stitched AnkleBoots-411Arezzo Black Leather Boots Sport Sneaker Heels 7 Made in Brazil Tennis Shoes 36Keen Bern Baby Bern Mid-Cals Oatmeal Brown Leather Boots Women's sz 6NINE WEST Women's Black Leather Knee High Boots Shoes Size 8.5 M US , LUICHINY News Paper Print Leather High Heel Fashion Boots Size 39 EURJack Rogers Marianne scalloped booties, size 8 pre-ownedDr. Martens Adrian Tassel Loafer Croc Black New Vibrance Croco Women Shoes , NIB Dansko Professional Leather Clog in Garnet PatentJ. Crew Retail ANKLE STRAP POINTED TOE FLATS Navy Blue White Stripe Bow Shoes 10 , Madewell New in Box Leopard Sidewalk skimmer in calf ha Color:Black/White , THE FLEXX Shoes Slip On Leather No Rips/Tears Size 8.5 B4046Lovely STUBBS & WOOTTON Green/Yellow/Coral/Red Woven Silk Pumps 7.5AAAuthentic SAINT LAURENT Logo Espadrille Size 40 $525.00N21 Satin Flat Bow Mules, 36.5, Blue , Rieker Women's R5253 Elea 53 Black/Black Sandal 36 (US Women's 5.5-6) MWomen's Sneakers Casual Sports Breathable Athletic Running Trainers new , Prada Womens Flats Size 38 black & brown Weave Leather Woven Round Toe Shoes , SAS Womens Free Time Navy Blue Leather Oxfords Tripad Comfort Shoes Size 10MAdidas Women's Originals Superstar Shoes S85139 White Sneaker Sz 8 , Maison Margiela Women’s Sneakers - UK Size 39 - US Size 8Hush Puppies Women's Upbeat Sneaker - Choose SZ/ColorWomen's Ladies Rohde Shoes Style 2801-W FlatsPRADA America's Cup Beige Leather Sneakers Women's Shoes Size US 5/EU35
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Sam Edelman Edelman Petty Ankle Boots - Women's localjoes-27164 Size 8.5 Size M, Putty 8801b4e Boots
Powered by VIP.