Avon Products reported today that first quarter earnings dropped 82% to $26.5 million. Revenue for the period dropped 2% to $2.58 billion. “While our first-quarter operating performance remained challenged, we are making progress toward addressing some of our operational and cost-cutting opportunities,” said Kimberly Ross, executive vice president and chief financial officer. “With Sheri McCoy now on board, we are confident that her broad leadership experience and skills...