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April 25, 2003
By: TOM BRANNA
Editor
Avon Products Inc. on Friday said its first-quarter profit edged higher, helped by new products and strong growth in international sales. But the company said earnings in the current quarter would fall short of analysts’ consensus estimate and said the outbreak of Severe Acute Respiratory Syndrome is affecting its business in China. Avon, however, backed its previous full-year outlook.Avon posted net earnings in the quarter of $98.9 million. The company, which is trying to entice teen cons...
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