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February 6, 2002
By: TOM BRANNA
Editor
Avon Products, Inc., New York, NY, reported record sales for the fourth quarter and full-year 2001, and earnings per share that were in line with expectations, despite economic challenges and difficult comparisons against strong 2000 results, according to executives.Earnings per share, before a special charge ($97.4 million pretax), rose 10% in the fourth quarter. Sales increased 6% to $1.74 billion, up from $1.65 billion a year before. This includes the impact of foreign currency translation. I...
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