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April 27, 2001
By: TOM BRANNA
Editor
Avon Products Inc., the world’s No. 1 direct seller of beauty products, said on Friday profits rose in the first-quarter, driven by higher sales of cosmetics, fragrance, and toiletry products, and reaffirmed its forecasts for the second quarter and full year.The New York-based company, whose products include Anew and Skin-So-Soft, earned $82.0 million, or 34 cents a diluted share, compared with $70.4 million, or 30 cents a share, a year earlier. Revenues rose 3% to $1.35 billion from $1.31...
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