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Avon Q1 Results: Not So Bad

Emerging markets provide lift.

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By: TOM BRANNA

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After months, no years, of bad news, things may finally be turning around at Avon Products, Inc.<span class="articleLocation”> Today, the company reported a better-than-expected first-quarter results, helped by higher sales in key markets Brazil and Russia and cost cuts. The company said that revenue in the quarter fell 3.5% to $2.48 billion, but was flat when stripping away the impact of currency fluctuations. Avon's growth in Latin America and Eastern Europe contrasted ...

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