The Buzz
All markets and investing news all the time

TOMMY HILFIGER LEATHER size boots heels 8 N Mid Calf boots BLACK heels LEATHER a8f1e0b

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
Brand: Tommy Hilfiger Fastening: ZIPPER
career boot: casual PROFESSIONAL: FASHION
Heel Height: High (3 in. and Up) winter: work
Material: Leather US Shoe Size (Women's): 8
Style: Fashion - Mid-Calf Occasion: Casual
comfortable: pants boot Width: N
Color: Black

TOMMY HILFIGER LEATHER size boots heels 8 N Mid Calf boots BLACK heels LEATHER a8f1e0b -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
TOMMY HILFIGER LEATHER size boots heels 8 N Mid Calf boots BLACK heels LEATHER a8f1e0b
TOMMY HILFIGER LEATHER size boots heels 8 N Mid Calf boots BLACK heels LEATHER a8f1e0b -

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%.

TOMMY HILFIGER LEATHER size boots heels 8 N Mid Calf boots BLACK heels LEATHER a8f1e0b

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
TOMMY HILFIGER LEATHER size boots heels 8 N Mid Calf boots BLACK heels LEATHER a8f1e0b -
About This Author
TOMMY HILFIGER LEATHER size boots heels 8 N Mid Calf boots BLACK heels LEATHER a8f1e0b -
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
Ivanka Trump "Frankly" Women's Taupe Suede Zip Up Ankle Boots Size 8 M , Matisse Tan Leather Knee High Riding Casual Boots Women's 6.5 B , Sam Edelman Louie brown leather fringe ankle boots NEW Size Sz 6.5 M , Womans Very Volatile Western Boots size 8NEW NATURALIZER TIPLEY BOOTIES/ANKLE BOOT SIZE 10.5M BURGANDYKaren Scott Majar Brown Womens Shoes Size 8.5 M Boots MSRP $69.99 , bionico Snow Cold Wether boots Sz 9 M Tan-tope Leather , Kalso Earth 9B Nomad Mercury Suede Tan Ankle Boots Fleece LinedSperry Top-Sider 9531393 Hikerfish Ankle Boots Womens Black Leopard Red Print 8MNEW WOMENS MONROE & MAIN BLACK CRISS CROSS BANDED BOOTIES BOOTS SIZE 10 MCanyon River Blues Womens Moccasin Boots Suede Brown Leather size 7Women's Sz 9.5M Alfani Heels Knee High Boots Leather Nice , Born Disressed Leather Womens Ankle Boots Size 8 , Madison By ShoeDazzle Velvet Navy High Heels Booties Size 9 , Clarks Bendables Madi Purple Suede Leather Ankle Boots 6.5 W , high heel platform ankle boots size 11New Gray Boots w/Floral Embroidery Women's Size 10BFS-8MA Franco Sarco Buckeye Women's Tall Black Leather Boots, Size 8M US , CLOUDWALKERS BLACK WEDGE HEEL TALL BOOTS WIDE CALF 9 W , Bjorndal Ankle Boots Tan Brown Suede 1" Heel Women's Size 8 M LinedJambu Women's Rossella Chukka Boot Size 6 New in Box Khaki fun / water resistant , Fererra By Henry Ferrera Black Wedge Sandal NIB Size 9.5 , Enzo Angiolini SHEPLEY Womens Brown Pebbled Leather Knee High Riding Boots Sz 10 , Women's Rampage Ram-Careese Cognac Micro Fringed Boots Size 8 1/2 Receipt , Women's Athletech Plaid Pink and Black snow boot, size 10M , Enzo Angiolini Women's Daniana Brown Us 6MFranco Sarto 5.5 Boots Grey Distressed Leather Wedge Contrast Zipper $158ALDO Olive Green Suede Side Zip Over The Knee Thigh High Boots Women's Size 7No Parking Enid 10M Women's Ankle Boots Tan/Brown Braided Strap & Buckle Accents ,
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 Bottines Steven Madden Taille 7,5 En bon etat , NWT Women's SONOMA Goods for Life Maureen Leather Low Ankle Myrna Kelly Black , Bearpaw Luna Women's Suede Military Waterproof Winter BootSalvatore Ferragamo Black Leather/Suede Ankle Boots Pull On Heels Womens 7 AAA , Lucky Brand Womens Kassidy Leather Peep Toe Ankle Chelsea, Brindle, Size 9.0 NUMHandmade Women's Black Leather Boots made in Korea - size US 7Anne Klein Womens geonna Leather Pointed Toe Ankle Fashion, Beige, Size 9.0 EJHy , Carlos by Carlos Santana Women's Rumer Slouch Boot, Black, 9 M USMadden Girl by Steve Madden Womens Kest Black Ankle Boots 7 Medium (B,M) 9319Unisa Womens Trinee Closed Toe Knee High Riding Boots, Brown, Size 7.5 vjRoPointed Toe Patent Female Zip Winter Black Thick High Heels Boot Plus Size 34 48Aerosoles Women's Square Away Ankle Boot, Grey Leather, 10 M US , Valerie Stevens Sammi Wedge Boots - Women's Size 11 M - Brown , Aigle Knee High Black Rubber Riding Boots SZ 8 (42 EU)Finn Comfort JAVA clog slide mule brown leather / US 7OLUKAI WOMENS WAIALUA CANVAS PALE GREY SIZE 8El Naturalista NC06 IBON / OCTOPUS Womens Octopus ropean- Choose SZ/Color.BT99 MBT shoes black suede textile women slip onJslides - Women's Raoul Leather - BeigeCole Haan Womens Theresesam Closed Toe Loafers Pink Size 6.0Merrell Riveter Knit Loop Women's Size 7 Black 25%OFF , Puma Suede Platform Women Casual Sneakers Shoes 362223 02 Size 7Skechers Empire Inside Look Slip On Shoe - Women's Size 6 - BlackWomen Nike Air Zoom Vomero 10 Size 8Women's Ladies Remonte Casual Shoes D1635 Flats , Women's bucco capensis boots BootsMinnetonka Suede Double-Fringe Bootie Inside Zip Padded Dusty Grey - 6 EUC , women shoes button buckle strap slouch lining cuffed rivet knee high boots Size , Nike Free RN White/Black 831509-100 Women's SZ 11SANTONI WOMEN SNEAKERS TENNIS SHOES FULL LEATHER CUIR 100% LUXURY COMFORTABLE ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
TOMMY HILFIGER LEATHER size boots heels 8 N Mid Calf boots BLACK heels LEATHER a8f1e0b Boots
Powered by VIP.