Natura & Co Reports Slight Decline In Third Quarter Sales

The group is launching a share repurchase plan of up to $1.5 billion reais and is evaluating switching its primary listing to the New York Stock Exchange.

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By: Lianna Albrizio

Associate Editor

Global multi-brand cosmetics group Natura & Co, which includes Avon, Natura, The Body Shop and Aesop, reported a slight sales decline in the third quarter, but posted strong growth in the first nine months of year 2021 and compared to the third quarter in 2019 prior to the onset of the Covid-19 pandemic.    On a year-to-date basis, net income improved by over $1 billion reais or $182 million US dollars, despite short-term cost pressure.   In the current challenging operating...

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