10.29.09
Avon Products, Inc. reported third-quarter 2009 total revenue slipped 4% to $2.6 billion due to foreign exchange pressure, according to the company. Beauty sales in the third quarter of 2009 were 3% lower versus the prior-year period, but active representatives grew 10%, with growth in all regions. Units overall rose 5% versus the prior-year quarter and beauty units increased 6%.
Avon's 8% local-currency growth in beauty sales included gains in all categories: fragrance, color cosmetics, skin care and personal care grew 9%, 17%, 1%, and 7%, respectively. On a reported basis, these growth rates were -4%, +4%, -8% and -4%, respectively.
Third-quarter 2009 operating profit slipped 15% to $259 million.
Avon's 8% local-currency growth in beauty sales included gains in all categories: fragrance, color cosmetics, skin care and personal care grew 9%, 17%, 1%, and 7%, respectively. On a reported basis, these growth rates were -4%, +4%, -8% and -4%, respectively.
Third-quarter 2009 operating profit slipped 15% to $259 million.