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Avon’s Sales Rise 4% in Second

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By: TOM BRANNA

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Avon Products, Inc., New York, NY, reported record sales, earnings and cash flow in the second quarter of 2002. Earnings per share of $.64 exceeded the $.63 consensus estimate among Wall Street analysts. The company also said it was comfortable with the consensus estimate of $.47 per share for the third quarter and reaffirmed that it is on track to achieve its full-year target of $2.30 per share.In the second quarter, earnings per share increased 12% to $.64, versus $.57 in the second quarter of...

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