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Avon Reaffirms Third Quarter Outlook

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By: TOM BRANNA

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Avon Products Inc. today reaffirmed its forecast calling for third quarter earnings of 44 cents a share before one-time items, matching the consensus analyst estimate, on 5-6% sales growth.The world’s largest direct seller of cosmetics said that mail disruptions following the Sept. 11 attacks on the World Trade Center and Pentagon caused some delay in receiving orders from its sales representatives, but added that order flow has now returned to normal.“Representative activity has ret...

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