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Avon CEO To Detail Turnaround Plan

All eyes on Sheri McCoy when she addresses analysts this week.

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By: TOM BRANNA

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After results that beat Wall Street estimates, Avon CEO Sheri McCoy will do her best to wow analysts this week at the CAGNY conference that is set for Thursday. Specifically, McCoy will have to explain her plans to improve Avon’s inadequate technology platform as well as detail a program to boost representatives’ income. Last week, Avon reported a bit of good news as fourth quarter sales fell 1% to $3 billion, but increased 1% in constant dollars. Total units grew 2% and price/...

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