The Buzz
All markets and investing news all the time

Women's Winter Snow Winter Boots Warm Fur Shoes Thicken Lining Fur Plush Ankle Slip On Soft Shoes 903b908

Item specifics

New without box: A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or ... Read moreabout the condition
Brand: Unbranded
Boot Shaft Height: Ankle Style: Snow, Winter Boots
Modified Item: No Model: Snow Boots
EUR Shoe Size (Women's): 35-41 MPN: Does Not Apply
Calf Width: Medium Width: Medium (B, M)
Features: Slip-On Heel Type: Block
Theme: Supergirl, Vintage Fashion Heel Height: Flat (0 to 1/2 in.)
Toe Type: Round Toe Material: Synthetic
Country/Region of Manufacture: China Pattern: Solid
Fastening: Slip On Occasion: Casual

Women's Winter Snow Winter Boots Warm Fur Shoes Thicken Lining Fur Plush Ankle Slip On Soft Shoes 903b908 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Women's Winter Snow Winter Boots Warm Fur Shoes Thicken Lining Fur Plush Ankle Slip On Soft Shoes 903b908
Women's Winter Snow Winter Boots Warm Fur Shoes Thicken Lining Fur Plush Ankle Slip On Soft Shoes 903b908 -

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 Winter Snow Winter Boots Warm Fur Shoes Thicken Lining Fur Plush Ankle Slip On Soft Shoes 903b908

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Women's Winter Snow Winter Boots Warm Fur Shoes Thicken Lining Fur Plush Ankle Slip On Soft Shoes 903b908 -
About This Author
Women's Winter Snow Winter Boots Warm Fur Shoes Thicken Lining Fur Plush Ankle Slip On Soft Shoes 903b908 -
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 Womens Casual Flat Chelsea Ankle Boots Low Mid Chunky Heel Work Biker Shoes , NaturalSoul by naturalizer Daph Womens Peep Toe Boots Black size 7 NEW , winter Women's Lady Ankle Fur Lined Warm Casual Flat Shoes Snow Boots plus sizeJC Party Womens Chic Ankle Boots High Heels Pointy Toe Stilettos Zip Shoes Pumps , Women boots slip-resistant waterproof short plush woman winter warm shoes ZTL , NEW Womens Short Riding Side Zip Casual Ankle Boots Faux Suede Block Heels PumpsWomen Round Toe Platform Winter Warm Ankle Boots Buckle Snow kawaii Girls Shoes , Vogue Womens Winter Warm Ankle Boots Casual Faux Fur Shoes Round Toes Furry SnowWomen's Martin Ankle Short Boot Casual Warm Fur Platform Shoes Winter High HeelsWomens Round Toe Flat Heels Side Zip PU Leather Casual Shoes Thicken Ankle BootsWomen's Girls Bowknot Warm Ankle Boots Wedge Heel Flat Furry Winter Snow Shoes , Womens warm winter chunky high heel platform ankle boots Formal shoes Hot , Anne Michelle Black Beads Sequins Refuel Mid Calf Boots Heels 8 faux suedeNew Style Women's Pu Leather Mid-calf Pleated High Boots Girls Casual Shoes YoooFashion Women Winter Tassel Mid-calf Boots Jackboots Warm Snow Boots Flat Shoes , Dress New Womens winter high heel mid calf boots pull-on faux suede Zip shoesFashion Womens Rivet Faux Leather Ankle Boots Pointy Toe Heels Shoes US 4.5-13Trendy Women Fur Warm Loose Winter Casual Cotton Snow Boots Sport Sneakers ChicWomens Winter Snow Mid Heel Creeper Platform Knee High Boot Pull On Shoes 34-43Josef Seibel Side Zip Ankle Bootie Cap Toe Black Leather Suede Size 9.5 US 40 EU , Fashion new womens ladies mid calf boots shoes pull on black/red/blue size 4.5-8 , Womens Chunky Ankle Boots Shoes Round Toe 4Colors Patent Leather High Top RoundWomens 5.5 M Guess black leather faux fur ankle moto boots buckle zip motorcycle , HOT Womens High Top Comfort Flat Canvas Flats Ankle Boots Sneaker Casual SHoes , Women's Shiny PVC Leather High Heel over the Knee Boots Pole Dance Shoes Size 98NEW Ladies Ankle Boots Zipper Hidden Wedge Autumn Casual Shoes Size Fashion , New Vogue Womens Mid Calf Boots Round Toe Party Patent Leather Shoes StilettosWomens High Heel Faux Suede Platform Knee Boot Block Zip Up Shoes US Size b167New Hot womens square block heel knee high boots buckle strap boots shoes US4-15
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 College Edition Women University Michigan Navy Blue Winter Boots Medium 7/8 NEWFur Lined Juicy Couture Fold-Over Kasia Taupe Wedge Boots (Size 7.5) Rose Gold ZG by Guess Womens Gimmy Closed Toe Mid-Calf Fashion Boots Tan 9 M , Women Men Western Boot Silver Chain Pair Black Leather Strap Rose Flowers CharmsBare Traps Caine Short Ankle Boots, Black, 8 US Used , LK-Marcos Ladies Leather Ankle Bootie Fuchsia Rose Size 6M New MSRP $139.00 , ✿ EDDIE BAUER Italy Brown Leather 2.25" Heel Tall Zip Boots 7.5 M GREAT! L@@K!40COUGAR BEIGE LEATHER WINTER FASHION ANKLE BOOTS LINED SNOW SHOES WOMENS SZ 6.5 , New Keen Womens Mid Wool Lining Red Dark Light Brown Wedge Zip Up Ankle Boots 7 , STEVE MADDEN Knee High Boots Size 36 / Suede Effect High Block HeelSALPY Montana Snakeskin Cap Toe Tooled Leather Booties Clogs 6.5 USA , RALPH LAUREN Maya boots women's 8.5 Leather Brown Ankle Zip Weaved BuckleUnlisted by Kenneth Cole Women's Film Code Platform Heeled, Black, Size 11.0Women Ankle Chelsea Boots Leather Square Toe Multi Color Block Heels Zip Shoes , Melissa Ultragirl Sweet XIV ballets sale Ad Black , J SLIDES Womens Celia Suede Bootie Flatform Faux Fur Lining Side Zip Black 6.5NIB Dr. Martens Caite Tall Boot Size 5 $170 Tan , Shoe Republic LA Leopard Suede Pointy Toe Stiletto BootiesBareTraps Women's Imani Flat, Grey/Black, 10 M USNEW Anthropologie CHI CHI D’ORSAY FLATS Size 7.5 MSRP $188 , sz 9 / 39.5 Jimmy Choo DEMI Black Glitter Slip On Trainers Flat Slipper ShoesNEW Burberry Yates Leather Logo-Print Ballet Flats, Brown Size 6.5Asics Gel nimbus 12 Women's size 7.5 Running Shoes - Fast Shipping - See Photos , Rockport Womens Total Motion Luxe Valerie Pump, Black Patent, Size 9.0Sperry Topsider Boat Shoe Sarhara Leather women 9.5Stuart Weitzman Pale Pink/Multi Color Leather/Fabric Flats - 6.5M – GR8!Nine West Women's Signmeup Suede Ballet FlatAdidas Cloudfoam Racer TR CG5766 Women's Sneakers , Skechers Jump Start Shape Ups Fitness Walking Shoe 11803 Women Size 9.5AHNU WOMENS YOGA SPLIT FLAT BERRY BLAST SHOES SIZE 7.5 NEW ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Women's Winter Snow Winter Boots Warm Fur Shoes Thicken Lining Fur Plush Ankle Slip On Soft Shoes 903b908 Boots
Powered by VIP.