The Buzz
All markets and investing news all the time

Tory Burch Max Embroidered Espadrille sz Slide Espadrille Mules Women sz Max 10 Ivory Floral 46876aa

Item specifics

Condition: New without box :
A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or may be missing original packaging materials (such as the original box or bag). The original tags may not be attached. For example, new shoes (with absolutely no signs of wear) that are no longer in their original box fall into this category. See all condition definitions- opens in a new window or tab
Seller Notes: New with dust bag. No original box.
Model: Max Material: Canvas
Modified Item: No Width: Medium (B, M)
Style: Espadrille Flats Pattern: Floral
Fastening: Slip On Color: Ivory
US Shoe Size (Women's): 10 Brand: Tory Burch
Heel Height: Flat (0 to 1/2 in.)

Tory Burch Max Embroidered Espadrille sz Slide Espadrille Mules Women sz Max 10 Ivory Floral 46876aa -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Tory Burch Max Embroidered Espadrille sz Slide Espadrille Mules Women sz Max 10 Ivory Floral 46876aa
Tory Burch Max Embroidered Espadrille sz Slide Espadrille Mules Women sz Max 10 Ivory Floral 46876aa -

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%.

Tory Burch Max Embroidered Espadrille sz Slide Espadrille Mules Women sz Max 10 Ivory Floral 46876aa

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Tory Burch Max Embroidered Espadrille sz Slide Espadrille Mules Women sz Max 10 Ivory Floral 46876aa -
About This Author
Tory Burch Max Embroidered Espadrille sz Slide Espadrille Mules Women sz Max 10 Ivory Floral 46876aa -
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
Eastland Women's Newport Slip-on Shoes Brown 7.5 Wide/ , Women's Tory Burch Minnie Travel Black Ballet Flats Size 7.5Cole Haan Women's Downtown Ballet White Floral Print Leather Flats , Jambu Women's Sunkist Mary Jane Flat, Black/Chive, 8.5 M USFinn Comfort Womens "Galway" Black Leather Comfort Shoes Sz 5 UK/7.5 USL'Artiste by Spring Step Women's Smile Ballet Flat Purple Leather FlatsFrye Leather Regina Ballet Flats Moss Green Women’s 7.5 NIBNEW DANSKO Professional black pull up leather closed back clogs shoes size 39Cole Haan Women's Downtown Ballet Navy Floral Print Leather Flats , Camper Peu GREY Plum Flats Luxury Soft Nubuck Leather Slip-On Walking 39 8 Shoes , Trotters Women's Latch, Black Suede, 7.5 N USNIB Frye Ivy Slip-On Sneaker, Pewter, Size 8 NEW , NIB Tory Burch Colorblock Cap-Toe Espadrilles Shoes Jelly Blue Tory Navy 10 M , Earth Women's Royale Ballet Flat Sand Brown Soft Leather FlatsNEW NIB ATTILIO GIUSTI LEOMBRUNI AGL SHOES Pink White SIZE 36 US 6 , Rieker 537T1-40 Fog (Grey) Womens PumpsCole Haan ZeroGrand RARE Snake Print Black & White Oxford US 9.5 Minimal Wear � , ECCO Footwear Womens Chase Tie Sneaker, Warm Grey, 38 EU/7-7.5 M USNEW BIRKENSTOCK ARIZONA 36 WOOL SHEARLING LINED SUEDE SANDALS MINK NATURAL BROWN , Cole Haan Women's Zerogrand Deconstructed Wing Ox Black/Paloma Sneaker 5.5 B (M) , Kenneth Cole Rainer Platform Loafer-Women's Size 9M Silver , Sam Edelman Women's Khloe Espadrille Slip On Modern Ivory Leather EspadrillesREBECCA MINKOFF Women's Sadie Perforated Leather Flats $250 NIB , Karl Lagerfeld Paris Wms BIRDIE Black sz 9.5 Oxfords BRAND New With Box , Isola Women's Padra Pointed Toe Flat Black Leather FlatsMephisto - Womens Odalys Ballet Pumps Shoes - Size 8US - MetallicWomens Gap Navy Floral Loafer Shoes Size 8 NewTORY BURCH Catalina 3 Women Espadrilles Size 6 Perfect Black Wedge Sandals , Sesto Meucci Women's Shoes Size-9.5 M Blue Made in Italy Very Good! ,
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 Ladies Women Winter Snow Boots Diamante Fur Warm Comfy Casual Snug Shoe Size 3-8 , NEW Women's Fashion Fringe Buckle Zipper Wedge Heel Booties Shoes Size 6 - 10 , Unknown brand black knee high boots women Eur 41 US-Aus 9.5 UsedBrand New Taupe Faux Suede Over The Knee BootsAnyi Lu Womens Burgundy Viktoria Leather Tall Boots Shoe Size 41MINNETONKA MOCCASIN 1632 Women's 3 LAYER FRINGE BOOT sz 7 , Vogue Womens Faux Suede Side Zip Hidden Wedge Heel Knee High Boots Pull on ShoesNine West 25023175 Womens Nicolah-Wide Leather Knee-High Boot- Choose SZ/Color.Unisa Over-the-knee Saranaa2 Closed Toe Boots , Bottes PIKOLINOS Cuir Noir T 40 TRES BON ETAT , Ilse Jacobsen Rub90 Boot- Size 6French Connection Serena Strappy Leather and pony hair Women's Ankle boots. sz 8Anne Klein Womens High Boots sz 6 M Black Zip Up 3" Heel stretch panel Work G33Report Signature Norris Womens Ankle Boots SZ 10 M Black Leather 4" Heel Solid , PLEASER ELE2000Z/W/PU Women's Sexy Matte White Platform 5" Stack Heel Knee BootsNew Bogs Drake Boots Women's 10 Rubber TallWomens Fly London Yaz Mousse Leather Wedge Heel Work Summer Casual ShoesWomens Fly London Yone Summer Leather Holiday Peep Toe Shoes Wedge Heels US 5-11 , Flex & Go Sadie Womens Leather Flat Mary Jane Shoes Made In PortugalAuthentic Tods Gommini Mocassino Loafers Size Eu 35 (rrp$545) Like NewPaul Green Women's Newcastle Ballet FlatNWB Stubbs & Wootton Purple Velvet Loafers Block Heel Round Toe Shoes Size US 11 , NIKE WOMENS SHOES BLUE BLACK WHITE LUNARLON RUNNING DANCE GYM SPIN WORKOUT 6.5U-lite Women's Perforated Wingtip Brogues Vintage Snaps Closure Leather Flat...Skechers 15360 Performance Womens Go Walk Lite- Sneaker- Choose SZ/Color.NIKE Ladies MERCURIAL SOCCER CLEATS US 6.5Women's Women's Drew Shoe Tulip Oxfords FlatsWomen's baretraps boots 7.5 Boots , Faded Glory Women's Shimmer Boot Size 8 New With Tags Fast Free 1-3 Day ShippingSTUART WEITZMAN Black Suede Chukka Ankle Bootie Wo's 6.5M Hook & Loop Strap ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Tory Burch Max Embroidered Espadrille sz Slide Espadrille Mules Women sz Max 10 Ivory Floral 46876aa Flats
Powered by VIP.