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Avon Predicts Sales will Grow 11% in Third Quarter

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By: TOM BRANNA

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Avon Products Inc., New York, NY, reaffirmed its earnings outlook for the third quarter and full-year2004 today.Earnings in the third quarter are expected to increase 21% to $0.34 a share, while full-yearearnings are expected to rise 24% to $1.72 a share.Avon executives said sales should increase 11% in both dollars and local currencies in the thirdquarter, driven by a projected 13% gain in sales of beauty products, as well as expected 10% growthin the number of active representatives and 14% un...

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