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July 19, 2001
By: TOM BRANNA
Editor
Avon Products Inc., the world’s No. 1 direct seller of beauty products, on Thursday reported higher second-quarter profits, driven by accelerating sales growth in its U.S. business and double-digit local-currency sales and profit growth from international operations.The company reported earnings of $137.7 million, or 57 cents per diluted share, for the quarter ended June 30, compared with $124.9 million, or 52 cents per share, a year earlier. Avon said it is on target to meet analysts̵...
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