The Buzz
All markets and investing news all the time

EUC EMILLIA, Womens FREE LUCKY BRAND Taupe Desert Boots, EMILLIA, Sz Sz 6.5, Box, FREE SHIPPING 37726bb

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: Only Worn a Few Times!
Fastening: Lace Up US Shoe Size (Women's): 6.5
Country/Region of Manufacture: China Material: suede
Style: Ankle Boots Color: Brown
Heel Height: Flat (0 to 1/2 in.) Brand: Lucky Brand
UPC: Does not apply

EUC EMILLIA, Womens FREE LUCKY BRAND Taupe Desert Boots, EMILLIA, Sz Sz 6.5, Box, FREE SHIPPING 37726bb -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
EUC EMILLIA, Womens FREE LUCKY BRAND Taupe Desert Boots, EMILLIA, Sz Sz 6.5, Box, FREE SHIPPING 37726bb
EUC EMILLIA, Womens FREE LUCKY BRAND Taupe Desert Boots, EMILLIA, Sz Sz 6.5, Box, FREE SHIPPING 37726bb -

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%.

EUC EMILLIA, Womens FREE LUCKY BRAND Taupe Desert Boots, EMILLIA, Sz Sz 6.5, Box, FREE SHIPPING 37726bb

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
EUC EMILLIA, Womens FREE LUCKY BRAND Taupe Desert Boots, EMILLIA, Sz Sz 6.5, Box, FREE SHIPPING 37726bb -
About This Author
EUC EMILLIA, Womens FREE LUCKY BRAND Taupe Desert Boots, EMILLIA, Sz Sz 6.5, Box, FREE SHIPPING 37726bb -
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
Skechers Ankle Boots Womens On-The-Go Lightweight Suede Slip On Bootie Sz:7 & 9GB35 Dannie Ankle Boots 347, Black, 8.5 US , Audrey Brooke Abannya Sz 9 1/2 Black Multi Leather Tall Women’s Boots NIBAnne Klein Dalayne Zipper Lined Ankle Booties 722, Black/Black, 11 US , 02-166 Women's Jack Rogers Chloe Metallic Rain Boots size 9Nine West Womens Ankle Boots Sz 7 M Brown Leather Zip High Heel Studded BootiesSTYLE CO. TIRIZA OVER-THE-KNEE SCRUNCH BOOT MUSHROOM, WIDE CALF, NWBBandolino Lethia Dress Ankle Boots F26, Dark Brown/Dark Brown, 7 US DisplayNATURALIZER NEW size 6.5 brown pebble grain leather knee boots roomier shaft , TAN Leather High Heel Ankle Boots Size 37 EUR Made in Spain , Tommy Hilfiger Madelen2 Riding Boots 038, Black Multi, 8 USCharles David Yasmin Gray Ankle Boots Womens Boots Size 12 , Womens HARLEY DAVIDSON Harness 81026 Chunky Heel Motorcycle Biker Boots Size 6skechers gowalk womens 7.5 medium taupe suede boots goga mat dazzling , Rocket Dog Akron Boot - Women's Size 8.5 Brown , I35 Taytee Block Heel Dress Ankle Boots 557, Snake Tan, 10 USSTEVE MADDEN TEXIC Boots Distressed Brown Leather Buckle Strap Ankle Size 7.5 , New Antonio Melani Brown Leather high Heel Ankle Boots 6 Career Cocktail $99 , NEW WOMEN’S OAK TREE FARMS MARIPOSA BOOTS 78721 BLACK/SILKYJournee Women's Link-19 Slouch Boots Faux Suede Black Size /2/US 6.5 M , Wild Diva Lovings Over The Knee Glamor Boots Size 5.5 Brand NewAerosoles Wonderling Womens US Size 11 Brown Suede Riding Boots Wedge Heel , clarks cloudstepper 8 medium brown ankle bootsQUPID BOOTS ZIP UP LIGHT BROWN SIZE 7 - 7 1/2Women's Vince Camuto Brunah Riding Brown Leather Knee High Boots Size 39/ 9 US , Wild Diva Lovings Over the Knee Glamor Boots Size 6.5 Brand New , Jelly Jolly London boots size 8-8.5Coldwater Creek Brown Suede and Leather Riding Boots Size 7.5 MTony Lama Women's Dark Brown Leather Cowboy Boots Toe Zipper Side 5?
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 VTG MENS UNBRANDED COWBOY FULL LIZARD PRINT LEATHER BROWN BOOTS SIZE 7.5? , EUC Franco Sarto Boots Size 6 M Women's Brown Suede Mid Ankle Brazil C4 , Dingo Womens 7M Brown Cowboy Boots Distressed Pull On Buckle , Monet-23 Over the knee Thigh High Pointy toe Stiletto zipper Ruched Boots , G by GUESS Hailee Wide Calf Women US 7.5 Black Knee High BootMinnetonka 291T Concho Hi Top Back Zip Boot grey Women's Moccasin, Size 9 , Refresh CLUB-01 Women's Elastic Panel Slip On Chunky Heel Ankle Booties,BrownPIKOLINOS Women’s Brown Leather Zip Up Boots NICE PAIR us size 6.5Aldo Flat Slouch Boot Women size 39/8.5 Gray LeatherStyle & Co. Hoyt Black women Boots Size 6Skechers Women’s Flex Appeal - Sweet Spot Size 11 US MediumNEW Remonte Dorndorf Boots Womens US 10.5 Black Leather Side Zip BootiesWomen’s Columbia Powder Summit Shorty Snow Boots Oxford Tan Saddle NEW NIB! 8.5 , Women's PATRIZIA by SPRING STEP QUILL Lined Winter Boots CAMELKenneth Cole Reaction Womens ROTINI Closed Toe Fashion Boots, Black, Size 5.5 , ALDO "Kasha Black Leather Boots Pull On Buckle Accents Women's 9.5 US 40 EU NEW , Vince Camuto Connolly Mid- Shaft Belted Chunky Heel Leather Booties Khaki Gray 9Cowgirl Boots Woven Southwestern Rug Details Size 8 , Nine West Women's Adorabl Fabric Ballet Flat - Choose SZ/Color , See By Chloe Shoes 667266 Black 37 1/2NWT ZARA BLACK LEATHER SLIDES MULES SHOES ESPADRILLES SIZE US 10Flex & Go Sadie Womens Leather Flat Mary Jane Shoes Made In PortugalDEBUT women shoes sz 6 Europe 36 brown leather S7195 , TOD'S WOMEN'S SUEDE SLIP ON SNEAKERS NEW GREY 2C9 , NEW MAX MARA MAXMARA HARDEN Nudo Leather Slip on Shoes size 39 US 9Saint Laurent YSL Espadrilles St Venice Floral Studded Flats Ballerina 40 10WOMENS BROOKS PR Sprint LADIES RUNNING/SPIKES/TRACK AND FIELD/TRAINING SHOES**LATEST RELEASE** Nike Downshifter 8 Womens Running Shoes (B) (001) , Skechers Shape Ups Metabolize White Leather 8 M Women , ASICS Womens Fuzex Black/Black/DivaPink Running Shoes Size 7.5 (420410) ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
EUC EMILLIA, Womens FREE LUCKY BRAND Taupe Desert Boots, EMILLIA, Sz Sz 6.5, Box, FREE SHIPPING 37726bb Boots
Powered by VIP.