The Buzz
All markets and investing news all the time

INOV-8 F-LITE 240 27794 BLACK SPORT WOMENS SNEAKERS WALKING RUNNING SHOES 240 US WOMENS SZ 10.5 469300e




Item specifics

Condition:
Pre-owned: An item that has been used or worn previously. See the seller’s listing for full details and ... Read moreabout the condition
Country/Region of Manufacture: China
Width: NOT LISTED ON SHOES Activity: Trail-Running
Pattern: Geometric Style: Walking, Hiking, Trail
Heel Type: Wedge Heel Height: Flat (0 to 1/2 in.)
Pattern/Texture: Geometric Product Line: F-LITE 240
Features: Lace-Up US Shoe Size (Women's): 10.5
Color: Multi-Color Material: Synthetic
Brand: Inov8

INOV-8 F-LITE 240 27794 BLACK SPORT WOMENS SNEAKERS WALKING RUNNING SHOES 240 US WOMENS SZ 10.5 469300e - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
INOV-8 F-LITE 240 27794 BLACK SPORT WOMENS SNEAKERS WALKING RUNNING SHOES 240 US WOMENS SZ 10.5 469300e
INOV-8 F-LITE 240 27794 BLACK SPORT WOMENS SNEAKERS WALKING RUNNING SHOES 240 US WOMENS SZ 10.5 469300e - 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%.

INOV-8 F-LITE 240 27794 BLACK SPORT WOMENS SNEAKERS WALKING RUNNING SHOES 240 US WOMENS SZ 10.5 469300e

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
INOV-8 F-LITE 240 27794 BLACK SPORT WOMENS SNEAKERS WALKING RUNNING SHOES 240 US WOMENS SZ 10.5 469300e - hollisbaker.com
About This Author
INOV-8 F-LITE 240 27794 BLACK SPORT WOMENS SNEAKERS WALKING RUNNING SHOES 240 US WOMENS SZ 10.5 469300e - 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
 
Womens Slingback Pointed Toe Block High Heels Checks Ladies Formal Shoes Pumps , SANUK WOMEN'S YOGA SLING 2 PRINTS MULTI SANDALS US 92017 Spring Women Round Toe Pull On Thick Heel Plus Size Sneakers Athletic Shoes , SAUCONY PRESTIGE RUNNING SHOES - GREY WHITE PURPLE ( SIZE 9.5 ) WOMEN`S , Hidden Heel Women's Round Toe Slip-On Comfort Platform Shoes Sneakers Loafers , SKECHERS Flex Appeal Womens Sz 9.5 Black Casual Athletic Sneaker Shoes F3-489Embroidered Floral Womens Wedge Platform Strapy Cotton Shoes Dance Ethnic SzEmbroidered Floral Shoes Womens Ballerina Flat Bowknots Cotton Dancing Loafer , Women Lightweight Sports Shoes Shape Up Fitness Walking Running Sneaker AthleticMinnetonka Women's Kilty Hardsole Fringe Suede Mocassin Slipper GreyWomen's Flat Canvas Platform Hidden Sneakers High Top Shoes Zipper Ankle BootsNike Air Max Motion LW ENG Womens Size 8 White Running Athletics Shoes F4-14Adidas Womens - Gray Running Shoes Size 7.5 (416221) , Fashion Womens Round Toe Thick Soles Heel Creeper Comfy Pull On Comfy Shoes New , ASICS GT-2000 5 Running Shoes, Women's - Size 10.5, BluePremier Superlite Barritz Womens Casual Slip On Shock Absorbing Trainers BlackSKECHERS Womens D'LITES Reinvention Black Casual Athletic Shoes Size 7.5 F5-50Chic Women's Rivets Fashion Sneakers Round Toe Platform Casual Shoes Plus Size , ASICS Womens - Pink Running Shoes Size 9.5 (365745)Womens Sequins Round Toe High Hidden Heels Platform Muffins Sneakers Shoes Size , Unisex Mens Steel Toe Safety mesh Shoes womens Breathable Casual Work Trainers , Sport Shoes Women's Athletic Running Outdoor Breathable Sneakers Trainers , Fashion Women Embroidery Floral Hidden High Heels Sneakers Casual Creepers ShoesBrooks Ariel Women's Running Shoes - Gray/Blue - Sz 8 2E Extra Wideadidas Originals Tubular Shadow Trainers, Women's - Size 7.5, White , NIKE Womens GTS ‘16 Black Canvas Casual Fashion Sneakers Shoes Sz 11 F3-171Steve Madden Ecentrcq Womens Size 7.5 Black Quilt Slip On Sneaker Shoes F3-365Balance FuelCore Nergize V1 Womens Size 7.5 Light Grey Training Shoes F4-551 , SAUCONY Womens Grid Cohesion 11 Black Running Athletic Shoes Size 9 F5-112
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 BearPaw Knee High Boots Knit Rubber Sole Sheepskin Insole Women's 9 GrayLADIES SPOT ON GREY HIGH HEEL ANKLE BOOTS "F50377" , Qupid Crisscross Buckled Strap Chunky Heeled Western Cutout Ankle Boots CAMELBrinley Co Women's Riana Ankle Boot, Black, 6 Regular USTrend Womens Block High Heels Platform Riding Ankle Boots Goth Zipper Pumps ShoeBORN ~BØRN Expresso Brown Leather Upper & Linings Knee High Boots Sz 8 / 39 *VG+Circa Joan & David Women's Mid Calf Boots- Leather Upper & Sole- sz.7.5M (220) , Poly Block Black Leather Women's Size 9M Tall Insulated Stretch Calf Dress Boots , Material Girl Blade Womens Black Faux Leather Fashion Tall Knee-High Boots Sz.7 , Hot Steampunk Victorian Knee High Spats Tweed Lined Heel Boots Shoes Adult WomenSteve Madden Womens Black Leather Western Boots Dymon Sz 10 *Sharp Must C*Kendall and Kylie Women's Reese Platform Sneaker - Size 7.5 M, Black/White , Naturalizer Women's January Wc Riding Boot , Born Sz 9 M Brown Tall Distress Leather Knee Zipper High Boots Shoes For WomenBottes femme Cuir Noir Carlton London Taille 38 FR/ 7 US , The Office Of Angela Scott Womens Loafers Size 37.5 7.5 Black Leather New In Box , FLY LONDON Women's Bobi Black Leather Ballet Wedge Comfort EU Sz 40 US Sz 10 NEW , Ariat Ladies' Fleece Cruiser Slip-On Shoes , Barely Worn Stuart Weitzman Suede Flats with ties, Taupe Haze Beige, Size 8CHARLOTTE OLYMPIA Kitty Embroidered Raffia Flats Italy Size 38 NEW $645 , Sam Edelman Women's Paris Slip-on Loafer Putty Suede 9 M US , FINN COMFORT US 9.5, ( ), womens ,Biege, crinkle leather look, JL-59**Diane Von Furstenberg Bea Crochet Sneaker- Women's Size 6, BlackNew Balance Womens Lifestyle White Fashion Sneakers 10 Medium WRT300CG , Madden Girl Womens kudos Low Top Zipper Fashion Sneakers Black/Star Size 9.5 V , Saucony Womens Walking Shoes Size 8.5 (C,D,W) (24481) , Steve Madden Womens Boots sz-3 Troopa Brown Leather Combat Distressed RusticWomens Ankle Snow Boots Winter Warm Velvet Lining Anti Skid Casual Shoes S Ths01 , Nurse Mates Women's Faxon White LoaferVibram V-Train - Black - Womens
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
INOV-8 F-LITE 240 27794 BLACK SPORT WOMENS SNEAKERS WALKING RUNNING SHOES 240 US WOMENS SZ 10.5 469300e Athletic Shoes
4187353
6435842
7458634
9395953
10452095
12283069
12621476
13069362
15884548
Powered by WordPress.com VIP.