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Company reports total revenue of $2.5B
July 30, 2009
By: TOM BRANNA
Editor
“Hello, Tomorrow” just might be the best tagline for Avon Products, Inc. when faced with the current economic conditions. The company reported second-quarter 2009 total revenue of $2.5 billion, 10% lower than 2008. Beauty sales in the second quarter 2009 were also 10% lower versus the prior-year period. Active representatives grew 11%. Units overall rose 2% versus the prior-year quarter and beauty units increased 3%. Chairman and Chief Executive Officer Andrea Jung remarked, “Our bol...
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