Breaking News

Avon Forecasts

November 14, 2005

Executives at Avon, New York, NY, predicted a better-than-expected performance in its international regions with first-quarter earnings of $0.41 a share, up a penny from the company’s prior guidance and an analysts’ consensus estimate provided by Thomson First Call. In a statement, Avon executives forecast a first quarter sales increase of 11-12% in local currency, or 6-7% in U.S. dollars, driven by double-digit gains in units and the number of active representatives.
In the year-ago first quarter, the company earned $0.40 a share, on sales of $1.37 billion.
“Europe again is delivering stellar results, with dollar-denominated sales and operating profit forecast to increase in the range of 35-50% respectively,” commented chairman and chief executive officer Andrea Jung.

blog comments powered by Disqus
  • Senior Skin Care

    Senior Skin Care

    Christine Esposito, Associate Editor||July 19, 2016
    McCord Research and Product Quest Manufacturing roll out new hospital-grade skin care kits for seniors to use at home.

  • Naterra Expands Tree Hut Range

    Naterra Expands Tree Hut Range

    Melissa Meisel, Associate Editor||July 18, 2016
    New ‘Bare’ collection is out now.

  • An Antioxidant Arsenal

    An Antioxidant Arsenal

    July 11, 2016
    BioRewind is Dermarché Labs' new anti-aging regimen that delivers broad-spectrum antioxidant protection against free radicals

  • Sustainability is Omnipresent

    Sustainability is Omnipresent

    Christine Esposito , Associate Editor||July 1, 2016
    Industry stakeholders convene in New York City for Organic Monitor’s annual event

  • Perceived Perfection

    Perceived Perfection

    Christine Esposito, Associate Editor||July 1, 2016
    From primers to pressed powders, facial cosmetics help create the illusion of a flawless complexion.

  • Preserve & Serve

    Preserve & Serve

    Melissa Meisel , Associate Editor||July 1, 2016
    Suppliers with innovative preservatives provide staying power for formulations.