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Avon’s Beauty Product Sales Soar 15% in Q3

Double-digit gains in color, fragrance and personal care.

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By: TOM BRANNA

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Avon Products Inc. said Thursday third-quarter profit rose 60%, boosted by strong foreign sales, demand for new products and a tax benefit. Profit was $222.6 million, or 52 cents per share, from $139.1 million, or 32 cents per share, last year. Results in the most recent quarter included a 9 cent tax benefit. Sales of beauty products rose 15%. The company’s 15% growth in beauty sales included increases in all categories: color was up 19%, fragrance grew 18%, skin care increased 9% and per...

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