The Buzz
All markets and investing news all the time

Women's Shoes Born Boots D17722 VBEH13 Brown Women's Side Zipper EU Brown Size 7.5M US 38.5 EU 8b5c803

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: Have been worn before. Please view all photos and description for details.
Brand: Born Heel Height: Low (3/4 in. to 1 1/2 in.)
Style: Boots Side Zipper Material: Suede
US Shoe Size (Women's): 7.5 M US 38.5 EU Pattern: Side Zipper
Width: Medium (B, M) Occasion: Formal, Office, Party, Fashion, Walking, Winter
Color: Brown Fastening: Side Zipper
Heel Type: Cuban Heels Country/Region of Manufacture: China
UPC: Does not apply

Women's Shoes Born Boots D17722 VBEH13 Brown Women's Side Zipper EU Brown Size 7.5M US 38.5 EU 8b5c803 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Women's Shoes Born Boots D17722 VBEH13 Brown Women's Side Zipper EU Brown Size 7.5M US 38.5 EU 8b5c803
Women's Shoes Born Boots D17722 VBEH13 Brown Women's Side Zipper EU Brown Size 7.5M US 38.5 EU 8b5c803 -

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%.

Women's Shoes Born Boots D17722 VBEH13 Brown Women's Side Zipper EU Brown Size 7.5M US 38.5 EU 8b5c803

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Women's Shoes Born Boots D17722 VBEH13 Brown Women's Side Zipper EU Brown Size 7.5M US 38.5 EU 8b5c803 -
About This Author
Women's Shoes Born Boots D17722 VBEH13 Brown Women's Side Zipper EU Brown Size 7.5M US 38.5 EU 8b5c803 -
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
HARLEY DAVIDSON Black Leather GYPSY Boots Womens 5 1/2 M 5.5 , Anne Klein Women's "Gauge" Boot Black Size 11, Knee High Boots , COLUMBIA BLACK SHORT BOOTS SIZE 9 - WATERPROOFNEW FRANCO SARTO Window 2 Cuoio Leather Rider ANKLE Western BOOTS Womens 6 NIBLILIANA POINTED TOE GOLD RAINBOW SLOUCHY STILETTO SEQUIN MIDI BOOT BOOTIESCirca Joan & David Talaro Riding Boots 292, Dark Brown, 6.5 US , Stuart Weitzman Elastic Trim Ankle Booties Black Suede Size 37.5Carlos Santana Alexia Navy Blue Embroidered Tall Boots Size 6.5 Knee HighHinge Tracer Women's Wedge Bootie - Brown - Sz 8 M , 2 Way Wear Bass Angelica Stone Taupe Faux Fur Suede Winter Snow Boots Sz 11 NIBARIAT Leather Western Boots Engineer Mid Calf Alligator Print Boots 6B Brown , Steve Madden Women's Trevur Buckle Block-Heel Leather Booties ,Black,7.5M , NIB ORTHOFEET Orthotic Shenandoah BLACK Hook & Loop STRAP Ankle BOOTS Size 9 XWMatisse Booties 7.5 Odell Dell Brown Buckle Slouchy Open Back Strappy Leather , Aerosoles Glamor Wide Calf Tall Boot - US 6,Very Volatile Los Angeles Black Ankle Boots With Chains Womens 7The North Face Women's Thermoball Quilted Button-Up Boot Purple Size 11CLARKS Cloudstepper Silian sway Ankle Boots Aubergine sz 9Adidas Torsion VTG Hiking Boots Gray Black Purple Trail Mountain Womens Size 10Faux Suede Over The Knee Round Toe Boots , SCHULTZ STRAPPY Brown Suede Western Cowboy Ankle Boots Booties Sz 9 , Skechers Platform Zebra Stripe Faux Fur Rise Fit Studded Back Slip-Ons Wms NWT , Durango Kid Brown 8" Western Ladies Boots , NIB Sbicca Lorenza FOREST GREEN Suede Leather Ankle Booties Boots Womens 10 MVTG / RETRO..DOUBLE H..WESTERN..TWO TONE..ORANGE & 10 , Vince Camuto Gettila Tall Brown Leather Slip On Heel Boots Womens 9BPELLE MODA SACHET PLATFORM BOOTIES BLACK OPEN TOE BOOTIES NIB SIZE 8.5Pakerson mocassin glosy Leather Size 36 Yellow@CBaffin Snogoose Polar Proven Women's Winter Snow Boots Shoes Size 11 - B8
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 NINE WEST 8M/WOMEN'S/BOOTS/FLAT HEELS BLACK LEATHER/ SUEDE/Tall ROYALPURPLEshaftLiliana Women's Nara-1 Over The Knee Mesh Boots GG8 Black Size 6.5Steve Madden Troopa Women's Brown Boot 6 MedArcopedico L19 Water Resistant Ankle Boots, Women's Size 10.5-11, Black (Damage)New Women’s Brown Over The Knee Boots By Twisted Size 10 , Dingo Olivia Women US 7'W Black Western BootsNautica Lovise Patent Rubber Tall Shafted Navy/Red & Black/Navy Rain Boots Mult.Crown Vintage Womens Leio Suede Pointed Toe Ankle Fashion Black Suede Size 9.0 , Parlanti brown tall leather boots Italy Size Sz 38 8 , PAJAR BLACK WINTER SNOW BOOTS sz 39 , Emilio Pucci Rain Boots Size 40 Italy, 10 in US - New without tags/box , COLUMBIA WOMENS 9.5 HEAVENLY SHORTY OMNI HEAT BOOTIES BOOTS SHOES NEWDolce Vita, Tan Suede Leather, Ankle Boots, US 7 Eur 38 , Laredo Cowboy Boots Red Leather Western Womens Size 7 B Made In USA FestivalIsaac Mizrahi Green Quilted Nylon Water Resistant Sleet Duck Boot 8 SALENIB~ B.O.C. BORN AMANDINA BLACK FAUX LEATHER EQUESTRIAN BOOTS BUCKLED STRAPS~ 8M , New J Crew Canvas Espadrilles with Embroidered Fruits Sundried Linen Sz 8 H9793Donald Pliner Black Betina Embellished Loafers (size 7)NWOB VINCE Woodsmoke Suede Canvas Slipon Flats Sandals Shoes Size 9M-BeautifulCole Haan Tali Bow Leather Ballet Flats, Women's - Size 10.5 B, TaupeEnzo Angiolini Black and White SOFT Leather Pointy Flats Career Shoes Sz 10.5 , Kelsi Dagger Women's Honoia leather ballet flats Black Jewels Shoe Size 10 NewNWD Fila Women's Northampton Trail Hiking Shoes- GREY/BLUE , adidas Performance Womens Pure Boost X TR Zip Cross-Trainer Shoe, Grey Heather, , Womens J-41 Adventure On Libra Outdoor Red Beige Sport Shoes Sz 8.5 M LeatherWomen's Drew Shoe Women's Victoria Slip-On FlatsETIENNE AIGNER BROWN MAN MADE LEATHR ANKLE PANTS BIKER BOOTS 8 M STYLE: KINDRED , Women's Gypsyz Knit Sweater Green/Blue-ish Grey Knee Boots & 2 Other Knee Highs , NIKE AIR MAX 2014 (GS) BLACK-VOLT-RED-BLUE SZ 5Y-WOMENS SZ 6.5 [631331-002]New Balance Women's 786v2 Cushioning Tennis Shoe - Choose SZ/Color ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Women's Shoes Born Boots D17722 VBEH13 Brown Women's Side Zipper EU Brown Size 7.5M US 38.5 EU 8b5c803 Boots
Powered by VIP.