Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue December 2014
 •  Charlotte Tilbury Channels Hollywood  •  Croda Reveals Findings on Volarest FL  •  Lubrizol Joins Roundtable on Sustainable Palm Oil  •  Antitrust Regulator in France Fines Major Companies  •  Paradigm Science‚Äôs Cervino Wins Award
Print

Third Quarter Slow at Avon



Published October 31, 2013
Related Searches: continue quarter mix form
Post a comment
Avon Products, Inc. reported slow third-quarter 2013 results, as total revenue fell 7% to $2.3 billion.
 
Total units decreased 7% and price/mix was up 6% during the quarter. Active representatives were down 3%.Beauty sales declined 9% for the quarter.
 
"The third quarter was tough. Our quarterly performance was negatively impacted by macroeconomic headwinds and continued weakness in some parts of our business, particularly North America," said Sheri McCoy, chief executive officer of Avon Products, Inc.  "However, overall, Avon is headed in the right direction, parts of our business are stabilizing, and we are making progress toward our three-year financial goals."       
 


blog comments powered by Disqus