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McCoy calls Q3 results "disappointing."
November 1, 2012
By: TOM BRANNA
Editor
Avon’s third-quarter was nothing to write home about. “Avon’s third-quarter results remain disappointing,” said Sheri McCoy, CEO, on release of the company’s performance today. “The challenges that Avon faces developed over time, not overnight, and it will take time to implement the solutions as well.” For the third quarter, total revenue was $2.6 billion, down 8%. Total units grew 1% and price/mix was flat during the quarter. Active Representatives were down 1%, ac...
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