The Buzz
All markets and investing news all the time

Chinese Suede, Laundry Toffee Women's 7.5 Brinna Over The Knee Boot, Toffee Suede, 7.5 M US f8ac235




Item specifics

Condition:
New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition
Brand: Chinese Laundry
Color: Toffee Suede Style: Over-the-Knee
Size: 7.5 M US MPN: BRINNA SDT-864-7.5 M US
Model: BRINNA SUEDETTE US Shoe Size (Women's): 7.5 M US
UPC: Does not apply EAN: 0785717349450

Chinese Suede, Laundry Toffee Women's 7.5 Brinna Over The Knee Boot, Toffee Suede, 7.5 M US f8ac235 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Chinese Suede, Laundry Toffee Women's 7.5 Brinna Over The Knee Boot, Toffee Suede, 7.5 M US f8ac235
Chinese Suede, Laundry Toffee Women's 7.5 Brinna Over The Knee Boot, Toffee Suede, 7.5 M US f8ac235 - 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%.

Chinese Suede, Laundry Toffee Women's 7.5 Brinna Over The Knee Boot, Toffee Suede, 7.5 M US f8ac235

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Chinese Suede, Laundry Toffee Women's 7.5 Brinna Over The Knee Boot, Toffee Suede, 7.5 M US f8ac235 - hollisbaker.com
About This Author
Chinese Suede, Laundry Toffee Women's 7.5 Brinna Over The Knee Boot, Toffee Suede, 7.5 M US f8ac235 - 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
 
Soda Women's Triangle Cutout Side Chunky Stacked Heel Ankle Bootie Black NBPU... , Delicious Women's Cutout Caged Buckle Stacked Chunky Heel Bootie 5.5 BM US BlackESCARPIN CUIR CHAUSSURES MODE FEMME ARGENTÉ T 36 NEUVES , Women's Vickie-41TH Boots, Stretchy Slouchy Thigh-High, Faux Suede Black US-9 , Lugz Women's Tamar Fashion Boot Red Brown/Gum 8.5 M USRockport Women's Total Motion Cherene Boot, New Taupe Shiny Python, 9.5 MLauren Ralph Lauren Women's Tamia-Bo-Cwd Boot, Camel, 8 B USClarks "Gelata Flora" Casual Booties M- Pick SZ/Color.LifeStride Soft System Boots Size 10 EUC , Corso Como Womens Autumn Ankle Bootie- Pick SZ/Color.Bottes Cuissardes Sexy Cuir Daim Mode Fashion Haut Talon P34 - 43 NEUVESWhite Boots Fur Vegan Women's Mid-Calf Winter Slip OnLugz Women's Flirt Hi Zip Winter Boot Riverstone/Black 9 M US , FRANCO SARTO Boots Womens 9.5M Brown TALL Heels Zip Up , Katy Perry Women's The Evelyn Mid Calf Boot, Charcoal, 5.5 Medium US , Call It Spring Women's Yeriwiel Riding Boot, Black Synthetic, 8.5 B USCobb Hill Rockport Women's Missy Boot, Almond, 10 N USLucky Brand Women's Sancha Ankle Boot, Brindle, 10 Medium US , Hot Sale Russian Shoes Black Platform Boots Women Zipper Autumn High Heelsnew Womens Black 6"stiletto High Heel Over Knee Sexy Boots Round Toe Size 6 , Trotters Women's Shannon Ankle Bootie, Dark Brown, 11 N USBC Footwear Women's Cuddle Ankle Bootie, Taupe, 7 M US , Material Girl Women's Melation Boot (7, Black) , Sexy 3" High Heel Gogo Dancer Silver Knee Boots Halloween Costume GOGO300/S/PU , Kamik Women's Snowvalley Snow Boot, Orange/Brown, 6 D USBOTTES EN CUIR FACON BASKET MONTANTES LEPI T 40 MARRON TALONS PLATS TBE SAC F , Sexy Pleaser 4" Chunky Heel Platform Stretch Matte White GoGo Knee Boots 6-14Seychelles Women's Theater Ankle Boot, Black, 7.5 M USARRAY Womens logan Leather Closed Toe Mid-Calf Fashion Boots, Whiskey, Size 11.0
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 1980s Terra Australis Forest Green Leather Shearling Cuffed Hiking Boots 6Top Moda Size 7.5 Suede Black Tall 3" High Heel Boots w/2 Buckle Straps 15"Tall , Lacrosse USA Women's Sz 5 Water Proof Mud Rain Cowboy Boot Roper WesternSTRADIVARIUS Black Leather Studded Buckle Biker Boots Size 41 EU , KAILAILI Knee-hi Suede Leather Western Fashion Boots 39 - US 8XOXO Brown Western Boots Women's Size 8.5 MShellys London Women's Boots Kmenta Vintage Glitter Black Boots Shoes Size 6TOPSHOP LEOPARD SPOTTED LEATHER HIGH TOP FASHION SEXY CUT OUT SNEAKERS SHOES~38 , Servus Electra Purple Floral Print Rubber Sz 6 Mid Calf Rain Boots USA MadeCole Haan Brown leather boots / Buckle SIZE 8.5 B , NEW Louise Et Cie Andora Women's Black Leather High Boots US Size 8 M Shoes , Harley Davidson Faded Glory 81024 Leather Motorcycle Riding BOOTS Womens 7.5 , Womens Tall Rain Boots Featuring Graffiti Artwork Waterproof Wellies Size 10Mark Fisher Women's Humor2 Over The Knee Boots TW4 Black Size 10MLKNW True Red STUART WEITZMAN Fine Grain Leather Flats Dalmation Buckle Sz. 6 , NWOB Tory Burch Blue/White & Tassle Flats Slipon Sandals Shoes Size 6.5B-Beautif , Dr. Martens Women's 11 Cesca Fisherman Elate Cut Out T-Bar Sandal RED NEWVtg New Bruno Magli Women's Size US 5.5 Ultra Light Grey Casual Loafers MSEnzo Angiolini Ivory Black Espadrilles Flats NWOT Size 8 , Sartore Paris Two Tone Oxfords Women Brown Ivory Derby Shoes Sz 36 US 6 Leather , Nine West Women's Allen Patent Pointed Toe Flat , Franco Sarto Nelson Wingtip Slip On Casual Loafers Sneakers Metallic Shoes , Under Armour Women's Threadborne Shift Cross-Country Running ShoeTed Baker Women's Queane Trainers - Light Pink / Rose GoldSkechers Performance Womens Go Flex Ability Walking Shoe- Select SZ/Color. , Anthropologie Andre Assous Sneakers shoes 'Sneakpadrille' Espadrille PlatformWomen's Womens resistol 6.5b crocodile brown BootsWomen's RIALTO Womens Viva Boots , DANSKO Brown Oiled Leather Professional Clogs Shoes Size Womens 7.5Saucony Women's Nomad TR Trail Running Shoe - Choose SZ/Color ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Chinese Suede, Laundry Toffee Women's 7.5 Brinna Over The Knee Boot, Toffee Suede, 7.5 M US f8ac235 Boots
3404556
5421390
6070982
6777247
9178405
10038011
11786895
13029547
18116408
Powered by WordPress.com VIP.