Company News, Financial News

Another Ouch at Avon

Bad quarterly results pile up for the direct seller.

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By: TOM BRANNA

Editor

A strong dollar put another dent in Avon Product Inc.'s fourth quarter results, as corporate sales fell 12% and beauty sales declined 14%. “While progress against our financial goals in 2014 was slower than I would have liked, I am pleased with the sequential improvements we made in several key markets and categories in the second half of the year. We have stronger management teams across our key markets and better discipline in executing consistently against Avon's core proce...

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