The Buzz
All markets and investing news all the time

LAREDO COWBOY BOOTS LAREDO WOMENS SIZE 6 MADE 1 SIZE/2 M BROWN LEATHER MADE IN USA 9840b8f




Item specifics

Condition:
Pre-owned: An item that has been used or worn previously. See the seller’s listing for full details and ... Read moreabout the condition
US Shoe Size (Women's): 6.5
Width: Medium (B, M) Country/Region of Manufacture: United States
Color: Brown Style: Cowboy, Western
Material: Leather Heel Height: Med (1 3/4 in. to 2 3/4 in.)
Brand: Laredo

LAREDO COWBOY BOOTS LAREDO WOMENS SIZE 6 MADE 1 SIZE/2 M BROWN LEATHER MADE IN USA 9840b8f - momosaddison.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
LAREDO COWBOY BOOTS LAREDO WOMENS SIZE 6 MADE 1 SIZE/2 M BROWN LEATHER MADE IN USA 9840b8f
LAREDO COWBOY BOOTS LAREDO WOMENS SIZE 6 MADE 1 SIZE/2 M BROWN LEATHER MADE IN USA 9840b8f - momosaddison.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%.

LAREDO COWBOY BOOTS LAREDO WOMENS SIZE 6 MADE 1 SIZE/2 M BROWN LEATHER MADE IN USA 9840b8f

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
LAREDO COWBOY BOOTS LAREDO WOMENS SIZE 6 MADE 1 SIZE/2 M BROWN LEATHER MADE IN USA 9840b8f - momosaddison.com
About This Author
LAREDO COWBOY BOOTS LAREDO WOMENS SIZE 6 MADE 1 SIZE/2 M BROWN LEATHER MADE IN USA 9840b8f - momosaddison.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
 
NEW Franco Sarto Maroon Vegan Leather Fancy Heeled Booties Size 8New Women's size 6 Khombu Cozy Pac water proof boots in brown suede knit trimCLARKS BENDABLES Women Block Heel Chelsea Boots Size 10M Brown LeatherWanted Women's Royale Cowboy Boots 6 M Tan and Gray AvailableAerosoles Rideto Womens Color Block Riding Boots 6M Black Brown , Neos EXSG "Explorer Stabilizers" Winter Overshoes with spikes , ANTONIO MELANI 5.5M Western High Heel Boots Expresso Leather Upper and Sole EUCALDO Women Cuban Heel Mid-Calf Boots Size 6.5 Off White Leather , Fergalicious Mackenzie Bootie - Women's Size 10M - Black , 02-3018 Nine West Women's Counter Almond Toe Knee High Leather Boots,SZ 10MSam & Libby Women 10 Audrey Ankle Booties Gray Smoke Boot Shoe NEW Stiletto HeelAerosoles Women's Good Fun Fringe Boots SZ 8.5 LIGHT TAN NEW IN BOX , Alba Black Velvet Silver Studded Platform Wedge Heels Ankle Boots Womens 7.5 EUC , Steve Madden Davita Womens Leather Black Ankle Boots Heels 7 Medium , Women's Shoes PAOLO IANTORNO Zip Up Low Knee High Boots Size 38 M / US 7.5Rocket Dog Marila Faux Suede Ankle Boots, Women's Size 8.5, Black , NEW Dolce Vita Paschaa Women’s Taupe Slip On Ankle Boots US Size 8 M ShoesWomen BareTraps “Wendie” Brown Leather Suede Winter Boots Size 6.5MLIMITED by ASH Cool Mesh Leather Wedge Boots Size 38 EURDr Martens Leather Boots Womens US 8 Brown Low Top Shoes , EUC!! Sam Edelman "Troy" Brown Leather Buckle Moto Ankle Boots Womens 8.5 MNine West Women's Tubbso Boots Heel Leather Buckle Knee High Sz 7.5 M , Women's Report Nadya Black Synthetic Stretchy Over The Knee Boots Sz 9.5 M NEW!WOMEN'S VASQUE BRIZA GTX® DUSTY OLIVE/SENECA ROCK Hiking Boots Womens Sz 9 MSAM EDELMAN BLACK SUEDE LEATHER BOOTIE SHOES SIZE 7.5 MMichael Antonio Hadiya (Whiskey) Women's Dress Pull-on Boots - US 8.5Merrell Espresso Evera Fade Leather Side Zip Heel Boot Womens 6.5 Casual Harness , Naturalizer Black Leather & Stretch Fabric Knee High Boots Women's Size 6 M , REFRESH LADIES CAMEL BROWN KNEE HIGH BOOTS SIDE ZIP SIZE 10 ADJUSTABLE BUCKLES A
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 NEW Womens RAMPAGE IZABELLA 3319 BROWN Knee High Heels Buckle Boots SZ 9 , Sam Edelman Black Suede Leather "Morgan" Ankle Boots w/Silver Side Buckle 7 , IKRUSH Women's Kym Patent Heeled Ankle Boots Size in GREY Size 5 , Bees By Beacon Womens Whisper Suede Closed Toe Ankle Cold Black Size 6.5VANELi Womens jody chelsea Closed Toe Ankle Fashion Boots, Grey, Size 7.0 6llYChic Tassel Women Knee High Boots Stilettos Platform Metal Decor Casual ShoesCole Haan Womens Shoes Size 9 Brown Solid Suede Ankle Boots Wedge CasualCLARKS Gelata Siena Black Suede Ankle Boots Size 5.5 M , APT. 9 Langton Womens Shoes Fashion Boots Cognac knee high size 10 medium NEWBorn Women's Black Alicudi Tassle Ankle Bootie Boot Shoes Ret $99 NewNew EARTHIES Madrid Chelsea Boot sz 8 Taupe suedeNew SoHo Cobbler Women's Eliat Strappy Leather & Suede Booties Desert 10Women Chukka Boot; 6.5 2 D Extra Depth Boots. P.W. MinorTwisted X Boots Women's WDM0056 Boat Shoe Oiled Saddle/Bomber Ostrich/BrownVince Black Women's Shoes Damris Flats Size 6.5 Sat04 $295 , NIB Tory Burch Quilted Billy Slippers, Velvet Leather, Grey, Size 7, 8, 9, 10 , Munro Womens Destiny Open toe Casual Slingback sandal size 6W Pewter , Crocs Mammoth Clogs Women's chocolate brown furry sz 6 Med NEW with tagsVince Maxwell 2 Brown Womens Shoes Size 8 M Flats MSRP $225 , New Balance 840 Women's Running Shoes White/Silver/Blue Sz 10.5B(US)Made in USAHOUSE OF HARLOW 1960 silver / multi-color leather espadrilles sz. 40 $170 , 7.5 Easy Spirit TUCSON Black Multi Womens Slip On Comfort Walking Mule ShoesPUMA Womens Carson 2 Metallic Wn- Pick SZ/Color.Skechers Performance Women's Go Walk 3 Fitknit Extreme Slip-On Walking ShoeTa... , Ecco Biom Women's Natural Motion Athletic Shoes Sz 39 / 8- 8.5 USWomen's Black Heels By Report Signature BootsWomens High Boots Size 5.5 Brown , Womens Mid Block Chunky Heel Pull On Over Knee High Boots Winter Shoes Long NewMossimo Cssie Black Combat Style Boots Women's Size 5.5 NewBona Fide Mizuno Wave Rider 19 Womens Fit Crossrunning Shoes (B) (60)
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
LAREDO COWBOY BOOTS LAREDO WOMENS SIZE 6 MADE 1 SIZE/2 M BROWN LEATHER MADE IN USA 9840b8f Boots
2109270
4847747
5332143
5977749
7104269
8471481
11161816
13401154
16100646
Powered by WordPress.com VIP.