Company News, Financial News

Avon Reaffirms 3Q and Full-Year Earnings Outlook

Author Image

By: TOM BRANNA

Editor

Avon Products, Inc., New York, NY, reaffirmed its earnings outlook for the third quarter and full-year 2004 last month. Earnings in the third quarter are expected to increase 21% to $0.34 a share, while full-year earnings are expected to rise 24% to $1.72 a share. Avon executives said sales should increase 11% in both dollars and local currencies in the third quarter. Operating profit in the third quarter is expected to grow about 20% versus prior-year, including incremental consumer and strate...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters