The Buzz
All markets and investing news all the time

New Vans Sk8 Hi Slim Zip Women Slim localjoes-27740 Leather Green Zephyr White Skate Shoe Women Size 10 128fcdf

Item specifics

New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition
Heel Type: Slim
Width: Medium (B, M) Fastening: Zip
Pattern: Solid Pattern/Texture: Solid
Activity: Skateboarding Style: Skateboarding Shoes
Type: High Top Heel Height: Flat (0 to 1/2 in.)
Features: Lace-Up US Shoe Size (Women's): 10
Color: Green Product Line: VANS Sk8-Hi
Brand: VANS Material: Leather
UPC: Does not apply

New Vans Sk8 Hi Slim Zip Women Slim localjoes-27740 Leather Green Zephyr White Skate Shoe Women Size 10 128fcdf -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
New Vans Sk8 Hi Slim Zip Women Slim localjoes-27740 Leather Green Zephyr White Skate Shoe Women Size 10 128fcdf
New Vans Sk8 Hi Slim Zip Women Slim localjoes-27740 Leather Green Zephyr White Skate Shoe Women Size 10 128fcdf -

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%.

New Vans Sk8 Hi Slim Zip Women Slim localjoes-27740 Leather Green Zephyr White Skate Shoe Women Size 10 128fcdf

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
New Vans Sk8 Hi Slim Zip Women Slim localjoes-27740 Leather Green Zephyr White Skate Shoe Women Size 10 128fcdf -
About This Author
New Vans Sk8 Hi Slim Zip Women Slim localjoes-27740 Leather Green Zephyr White Skate Shoe Women Size 10 128fcdf -
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
New Balance Women's WSD400P3 Track Shoes Size US 7 B/ NewNike Women 7 Black Court Borough Mid Basketball Athletic Tennis Shoe , Brooks Pure Cadence 2 Running Crosstraining Shoes Purple Teal WOMENS SIZE 8.5 , Women's Platform Hidden Heels Shoes Sneakers High Top Colorful Sequins CanvasNIKE LUNARGLIDE 8 RUNNING SHOES / MULTI COLOR ( SIZE 9.5 ) WOMEN’S , Brooks Womens Ghost 10 Grey/Rose Gold/Black Running Shoes Size 9.5 (30782)Hoke One One Infinite Running Shoe- Women's Size 8, Blue/Red/YellowBrooks Womens Running Shoes Size 9.5 (24179) , Women 6 youth 4 OSIRIS skateboard skater hi-top tennis shoes black pink blue GUC , Women's Asics Gel Nimbus 14 LE Running Shoes 7.5 Purple Neon Yellow White T295N , 17 New Nike Women's Lunar Control 4 7.5 Wide 819034 001 black White golf shoes , Ladies Floral Rhinestones Canvas Sneakers High Top Hidden Wedge Shoes PlatformColumbia Womens 1671011 LightGrey,Sunnyside Trail / Hiking Shoes Size 7.5New Balance Women's WW411 Walking Shoes Gray or White/Pink New in the BoxNike Zoom Rival D 9 Track Shoes Blue Green Women's Sz 8 Running Spike 806560-401New Asics Gel Fluent 2 Womens Cushion Running Sport ShoesNike Air Max 1 CMFT PRM TAPE Men’s 10.5 Wmn Sz 12 Black/Cool Grey-Club Pink-Sail , Brooks Womens Adrenaline Gts 18 Ebony/Silver/Pink Running Shoes Size 9.5 (C,D,W) , Converse Chuck Taylor All Star Ox Silver Glitter 135851C Unisex Size w 12, M 10BROOKS GLYCERIN 14 Sz 6.0 mdm B Women's Running Shoes Red/GraySperry Orchid Purple Seacoast No Tie Sneaker Shoes Womens 8.5 *NEW*Mizuno Wave Rider 20 Running Shoes, Women's Size 11 D, AquaJBU Womens Juniper Low Top Walking Shoes, Black, Size 6.5 EPqx , Brooks Womens Grey/White/Pink Walking Shoes Size 9 (33924)New Women's Skechers 13980 Go Walk 3 Slip Ons - Black/White Size 6 (A6) , Converse All Star purple lavender canvas sneakers womens low tops 13M 155576FBrooks Ravenna 2 Teal Silver Running Shoes Sneakers Women's Size 5.5 M LIKNU!Women Flower Pearls Sneakers Rhinestones Slip On Loafers Casual Ladies New Shoes , *NEW* POLO by Ralph Lauren Harrison Black/White Canvas Sneakers Size 7 RFS10028
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 Bare Traps Tommy Dark Brown Wide Calf Buckle Detail Riding Boot NewBella Vita Women's Deryn Boot, Black Suede/Black Gore, 11 N US , moto-88 Ankle zipper Synthetic Casual Low Heel Women's Winter Boots Black 6-Sofft 1537201 Black Leather Ankle Boot US 8 M Side Zip EUCRetro Women Stylish Rhinestone Mid-Calf Boots Block Middle Heels Round Toe PartyFrye OTK CAMPUS Tall Leather Boots M Sunrise Women Saddle USA , Womens Fashion Punk Buckle Strap Block High Heels Platform Shoes Ankle Boots_复制Dolce Vita Womens Ankle Boots Size 6 Suede Brown Tan back-zipper , Khaki 1.5" Low Block Heel Combat Motorcycle Sexy Ankle Boot Size 6 , Steve Madden Black Leather Zip High Heel Ankle Boots Size 8.5 M Style ReflektSkechers 38448 Harmonies Brown Faux Suede High Heel Slouch Boots Size 7.5NEW JESSICA SIMPSON SZ 9.5 ESSAS NAVY LEATHER ANKLE BOOTIEPleaser Womens Electra-1020/B/PU Boot- Pick SZ/Color.Chaps Rhiannan Women's Knee High Boots, Black, Size 8B , North Face Women's Thermoball Roll Down Bootie II Boots 6 7 8 9 10 Oso fleeceBlake Brody Women's Kate Walking ShoeFly London Yond 771 Sludge/Olive Womens Flats Loafers Leather , Gently Used Tory Burch Minnie Travel Flats coral 10 MSalvatore Ferragamo Ena Ballet Flats Bon Bon Lamb Size 8 BMOT-CLe 7067 Navy Patent Leather / Suede / Leather Wedge Loafers 37 / US 7 , NIKE Women's Size 7 Athletic TRACK & FIELD SPRINT Purple Cleats Sneakers #B187 , TOD'S 122717 GOLD PEBBLED LEATHER LOAFERS NUBBY SOLE SZ 9.5JBU by Jambu Women's Wildflower Encore Mary Janes Denim8 Colors US Size 5-10 Genuine Leather Formal Dress Oxfords Womens Ladies ShoesNike WMNS Free 5.0 TR Fit 5 Print V womens train training sneakers NEW green , Skechers Women's You Define Courage Sneaker , Fila Womens Memory Multiswift 2 Running Shoe- Pick SZ/Color.JUSTIN Burgundy Leather Roper Cowboy Boots Size 5.5 B Style L3068 USA , Blowfish Women's Dahl Harness Boot, Black Sport Suede/Dyecut Polyurethane, 6 M U , Sam Edelman Women's Peters Mule Black Multi Majestic Bird Jacquard Fabric Mules
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
New Vans Sk8 Hi Slim Zip Women Slim localjoes-27740 Leather Green Zephyr White Skate Shoe Women Size 10 128fcdf Athletic Shoes
Powered by VIP.