Company News

Avon’s Sales Rise 11% in 3Q

Author Image

By: TOM BRANNA

Editor

Avon Products Inc. said robust international sales and demand for its Anew anti-wrinkle cream helped sales grow in the third quarter to the company’s strongest pace in more than eight years.The New York-based company said net income in the fiscal third quarter was $133.1 million, compared with $90.3 million in the year-ago period. Net sales climbed 11%, to $1.61 billion, from $1.45 billion a year ago, it said. Sales were driven by a 15% increase in beauty sales and a 10% gain in the number...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters