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Avon Products, Inc. reported that second-quarter 2007 total revenue grew 12% year over year to $2.3 billion.
July 31, 2007
By: TOM BRANNA
Editor
Avon Products, Inc. reported that second-quarter 2007 total revenue grew 12% year over year to $2.3 billion. Sales of beauty products rose 14%, per the report. However, net income in the second quarter 2007 was $113 million, compared with $151 million in the year-ago quarter. Sales of beauty products recorded double-digit growth for a fourth consecutive quarter, increasing 14%, powered by growth in all categories: fragrance up 21%, personal care up 19%, color cosmetics up 16% and skin car...
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