The Buzz
All markets and investing news all the time

Life Stride Women's 7 Black Boots EU Size 7 gslm-7938 WIDE CALF Zip Sides Buckle Accent Xena EU 0811b62




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
Seller Notes: Excellent shape, smoke and pet free home
Style: boots Color: Black
Brand: LifeStride US Shoe Size (Women's): 7 wide calf
UPC: Does not apply

Life Stride Women's 7 Black Boots EU Size 7 gslm-7938 WIDE CALF Zip Sides Buckle Accent Xena EU 0811b62 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Life Stride Women's 7 Black Boots EU Size 7 gslm-7938 WIDE CALF Zip Sides Buckle Accent Xena EU 0811b62
Life Stride Women's 7 Black Boots EU Size 7 gslm-7938 WIDE CALF Zip Sides Buckle Accent Xena EU 0811b62 - 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%.

Life Stride Women's 7 Black Boots EU Size 7 gslm-7938 WIDE CALF Zip Sides Buckle Accent Xena EU 0811b62

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Life Stride Women's 7 Black Boots EU Size 7 gslm-7938 WIDE CALF Zip Sides Buckle Accent Xena EU 0811b62 - hollisbaker.com
About This Author
Life Stride Women's 7 Black Boots EU Size 7 gslm-7938 WIDE CALF Zip Sides Buckle Accent Xena EU 0811b62 - 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
 
Jessica Simpson Ricel Knee High Black Leather Riding Boots Size 6 , David Tate 'Natalie' V-Cut Zip Bootie, Women's Size 7.5 W, Black , NIB $160 Naturalizer Tynner Triple Side Strap Boots Dover Taupe Women's Size 8.5 , Ecco Womens Brown Leather Tall Strap Fashion Boots Shoe Size 36 , Alegria Leather Slip-on Mary Janes with Adj. Strap - Tuscany QueenieGold 35 W NB , J Crew Square Toe Elastic Side Stretch Slip On Boots Sz 6 Made in ItalyAlegria Leather Multi-Strap Sandals with Hardware - Julie 38 (8-8.5) j -richesNB , Women's Nocona Burnished Bluebonnet Tan Cowhide Western Boots NL5009 Size 9.5 B , Aerosoles Size 12 M Black Leather Comfort Wedge Ankle Boots Bootie Allowance NewEMILIO PUCCI rubber Rain BOOTS heel 37 6.5 7 patterned , Women's Report Syreeta Black Suede Knee High Boots Size 7.5 MVintage Nocona Size 6C Women's Exotic EEL Tan Leather Inlay Western Cowboy BootsSperry Top-Sider Women's Celeste Bliss Ankle Boot, Black, Size 8.5 New , Vince Camuto Vo-Garrit Tassel-Tie Boots US Size 10M GrayTORY BURCH Eloise Black leather tall knee high boots sz. 8M $495Born Mid Calf Platform Boots Heels Zip Stud Womens Brown Leather Size US 8Vince Camuto Leather Booties sz. 5M , VANELi Women Brown Zipper Wedge Boots Shoes 8.5 M , Grey / Pink Rainboots - Butterfly Twist Windsor Rainboots - Women , RED WING 2326 5.5 D WIDE BLACK LEATHER STEEL TOE WORK SAFETY ANKLE BOOTS HIKINGWomen's Lauren Ralph Lauren Quinta Winter Boots Shoes Sz 7.5B Brown Shearling N4LAUREN by Ralph Lauren Brown Leather Croc Texture Knee High Boots -Womens US 7.5Alegria Leather Multi-Strap Sandals w/ Backstrap Kleo Wrapture 36 (6-6.5) , Lauren Ralph Lauren Quinlyn Snow Boots, Black/Grey, 10 US MSRP $159ZARA Women's Black Leather Bootie Pointy Zipper Stiletto Boots Size 41 10 , KAMIK Jennifer Rain Boots Women's Size 8, Worn Only Once!SARRIAZIENNE Vintage France French Jelly Shoes Sandals Orange! VintageCole Haan NikeAir Womens 8B Black Ankle Harness Bootie Boots Stacked Heels , Charles Albert Cablee Brown Combat Boots Women's Size 8 M*
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 BOTTES FEMME STRETCH, TALON CARRE, BOUT VERNIS, pointure 36,37,38Nina Original Women's Wheeler Ankle Bootie, a-Tobacco, 6.5 M US , Charlotte Russe Olive Green Ankle Booties Size 6Women Pointy Toe Leather Stiletto Wedding Over High Heels Solid Boots Pull onG.H. Bass New Danielle Brown Womens Shoes Size 7 M Boots MSRP $120cole haan Dabney bootie size 5 blackVia Spiga Black Leather Knee High Riding Boots Women's Size 6.5 M *Zara NEW AW 17 FLAT OVER-THE KNEE BOOTS W/CHAIN DETAIL SIZE US 8Calvin Klein Womens Fanna Closed Toe Loafers Cabernet Size 7.0 , DEMONIA CRE602S/B Women's Punk Gothic Low Platform Black Suede Creepers Shoes , Women Leather Ankle Boots Stilettos Pointed Toe Fringes Zip Embroidered ShoesWomen's KORKS Work-Ease Farah Brown Leather Harness Side Zip Ankle Boots 9.5/41 , Lucky Brand Womens Ravynn Leather Almond Toe Ankle Fashion Black Size 7.5 BIlzPRE-Owned Clarks Plaza Pilot Women's Leather Round Toe Mid Calf Boots Brown 7M , Taryn Rose Women's Camille Silky Cow Fashion Boot, Wine, Size 5.0Tony Bianco Sabana Black Cuban Nubuck Chelsea Ankle Boots EU39 US8.5 AU8.5 UK6.5 , Aquatalia Women's Yvanka White Combo Flats 6.5MNEW J.CREW COLLECTION ELSIE JEWELED PUMPS IN ABSTRACT PRINT, F4870, SZ8, GREENWomens Dansko Professional Grey Paisley Patent Casual Clog 506010202 Sizes 36-41NEW J.CREW KIKI BALLET FLATS IN GINGHAM, E8462, SIZE 9.5, BLACK, WHITE, $ 168 , CAPE CLOGS! BOILED WOOL! MADE IN SWEDEN! SZ40/ 9.5 , 2017 Full Grain Leather Suede and Neoprene Mesh Low Top Trainers Causal Shoes Wo , AD77 MOMA shoes pink suede leather women moccasinsWomen's Running Shoes Training Sport Casual Athletic Breathable Walking Sneakers , Bass Ebbie Rose Womens Slip-On Size 7MASICS GEL-Scram 4 Women's Mid Grey/Lagoon 2A039020PUMA Women's Basket Heart Wn Sneaker - Choose SZ/Color , Womens Fashion Slip On High Top Sneakers Hidden Wedge Casual Sneaker New ShoesHoka One One Stinson 3 ATR Womens 8.5 Running Trail Shoes Gray/Pink/Lime CLEAN , Dansko NWOB Leather Burgundy Earthly Slip On Slip Resistant Clog Size 37 ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Life Stride Women's 7 Black Boots EU Size 7 gslm-7938 WIDE CALF Zip Sides Buckle Accent Xena EU 0811b62 Boots
4047725
6057493
6205766
6694071
8843989
11933937
14040435
14453140
17319316
Powered by WordPress.com VIP.