The Buzz
All markets and investing news all the time

Authentic FRYE Women's Black Western Western Cowgirl Boots B 4.5 Women's B 99e5c0a

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: These shoes are in excellent condition.
Modified Item: No Material: Leather
Country/Region of Manufacture: United States Width: Wide (C, D, W)
Style: Cowboy, Western Color: Black
Heel Height: Low (3/4 in. to 1 1/2 in.) Brand: Frye
US Shoe Size (Women's): US 4 UPC: Does not apply

Authentic FRYE Women's Black Western Western Cowgirl Boots B 4.5 Women's B 99e5c0a -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Authentic FRYE Women's Black Western Western Cowgirl Boots B 4.5 Women's B 99e5c0a
Authentic FRYE Women's Black Western Western Cowgirl Boots B 4.5 Women's B 99e5c0a -

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%.

Authentic FRYE Women's Black Western Western Cowgirl Boots B 4.5 Women's B 99e5c0a

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Authentic FRYE Women's Black Western Western Cowgirl Boots B 4.5 Women's B 99e5c0a -
About This Author
Authentic FRYE Women's Black Western Western Cowgirl Boots B 4.5 Women's B 99e5c0a -
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
TOMMY HILFIGER Womens Fashion Boots Elegant Black Leather Knee High Sz Size 9.5M , Frye MISMATCH Womens 7.5 7 Veronica Short NEW Distressed Leather Boots 76512 pkMusse & Cloud Anaeh Women's Suede Pull-On Western Belted Ankle Bootie ShoesRare MARC JACOBS Blue Moon Space Winter Snow Boots Size SmallWomens Over The Knee Thigh High Stiletto Heel Ladies Stretch Calf Leg Boots SizeDenver Hayes Women's Leather Buckle Side Zip Boots Brown Size 7.5MWomens Thigh High Block Heel Ladies Fashion Over The Knee High Stretch Leg Boots , Wyre Valley Festival Wellington Rain Rubber Print Womens Wellie Fashion Boots , Teva De La Vina Black Delavina Leather Boots Womens Size 6 NewJessica Simpson Womens Black Riding Boots Shoes 7.5 Medium (B,M) BHFO 2236BEARPAW NEW Womens Black Suede Amber Ankle Boots Shoes 7 M TEDOKarl Lagerfeld Paris Womens Sixte Black Booties Shoes 6 Medium (B,M) BHFO 9569New Womens Western Cowboy Pointed Toe Knee High Pull On Tabs Boots Soda RENO-S , Lucchese Handmade Brown Leather Boots Wms 6 BG31 NEW Vince Garren Black Leather & Suede Wedge Bootie Women's Sz 5 M , Ralph Lauren SZ 6.5 Women's Brown Leather Knee High Heel Zip-Up Boots $600 ItalyDiesel Women's Brown Cowboy leather Western Boots Shoes 38 MediumNEW GEORGIA BOOT GIANT TWIN GORE WORK SHOE (GB00145) BROWN 10 MEDIUM $110 , Zara Red Ankle Boots With Stunts Size 40Korean Style Women's PVC Rain Shoes Anti Slip Rain Boots Middle Galoshes , Bare Traps Tommy Tan Brown Wide Calf Buckle Detail Riding Boot NewSam Edelman Tinsley Rain Boot 11 Women's Black Ankle Boots , DR. MARTENS WOMEN'S 10984 STEEL TOE BOOTS BROWN LEATHER 7 MEDIUM 5 UK $135SPORTO NEW Womens Black Natasha Snow, Winter Boots Shoes 5.5M TEDOHARLEY DAVIDSON Motorcycle Ankle Boots STARTER SWITCH 82016 Black Moto Leather 8 , Womens Over The Knee High Ladies Cut Out Leg Top Flat Heel Riding Biker BootsRefresh Black / Tan Women's Hunter 01 Winter Snow Boots Size 6-10 , New Dollhouse Attention Cowgirl western Cowboy Chunky Heels Knee High Boots , Stuart Weitzman Womens Black Leather Studded Ankle Biker Boots Size 7.5 Medium
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 Rialto--- Black Ruched Shootie "Salina" Ankle Boots Heels Double-Zip----- 7.5MGabriella Rocha ankle fringe leather boots Brown 8MMerrell Primaloft Womens Ankle Boots 200 Gram Insulation Size 7Carlos by Carlos Santana Women's Claudia Wide Calf Motorcycle Boot , WOMEN'S BROWN LEATHER MID-CALF HIGH HEELED BOOTS 5.5M BRAZILBCBG Black Boots Size 7 1/2 B , Cuissardes Daim Talon Aiguille Métal 11CM Sexy et Confortable 5 Couleurs! 34-43! , Boutique 9 Womens solo Closed Toe Ankle Fashion bronze distressed Size 9.0 , NEW GUESS Jorien Dark Brown Rhinestone Leather Boots Size 6 MJustin Boots Womens Western Square Toe Cowboy Embroidered Size 6.5 B Brown Blue7850952 LPFBTT40 Wome's Shoes Size 9 M Light Brown Pull On Boot Johnston Murphy , Trotters Womens Liz Leather Closed Toe Loafers, Brown, Size 7.0Women Faux Leather Ankel Boots Triple Buckles Pointed Toe Low Top Heel ShoesWomen's Dansko Risa Brown Suede Tall Side Zip Boot Size 37 US 6.5 / 7 *EUC*Skechers Women's Career First Impression Ballet Flat , ARA WOMEN'S MAURA DRESSY LOW HEEL LOAFER STYLE SLIP-ON SHOE STYLE , Dansko Professional Women's Clog Brown Floral Embossed New 37 38 39 40 , BUENO Size 38 (8) NEW In Box KATY White Leather Loafer , Women's Upscale Cole Haan Country Open Toe Leather Flats Mules Sandals Shoes 8AA , Maison Margiela MM6 Women's Leather & Canvas Ballet Flats Shoes US 6 IT 37Skechers BOBS from Women's Pureflex Supastar Flat - Choose SZ/Color , Mephisto YVETTE-M Womens Yvette Mary Jane- Choose SZ/Color. , Fendi Taupe Black Cap Toe Leather Flats SizeNew Balance Shoes Youth Girls Kids Womens 990 Running Sneaker Brown Beige WhiteIsaac Mizrahi Live! SOHO Leather Perforated Sneakers GOLD 8M , Women's 3695 chick purple Boots , Women's Report Women's Mahala Slouch Boot Boots , Ciao Bella Woman's Tall Boots Kitten Heel Brown Leather Size 5.5. CUTE!! , Zodiac Women's Omni Grey Distressed Leather Harness Riding Boots Size 8MMerrell Women's Siren Sport Q2 Hiking Shoe Size 8M New in Box ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Authentic FRYE Women's Black Western Western Cowgirl Boots B 4.5 Women's B 99e5c0a Boots
Powered by VIP.