With Natura Deal Pending, Avon Sales Dip
Avon Products Inc. posted continued declines for its most recent quarter. The company posted a 17 percent dip in sales, to $1.18 billion, from $1.4 billion in the prior-year period. Net income was down 6 percent year-over-year, to $106.6 million, from $113.8 million. The results come as Natura is in the process of taking over Avon, in a deal the […]
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