By  on April 30, 2013

Avon Products Inc. is in stabilization mode.

“The entire organization is working with a sense of urgency,” the firm’s chief executive officer Sheri McCoy told analysts during the company’s first-quarter earnings call on Tuesday. She later added, “We’re seeing some progress with pockets of the business showing early signs of stabilization. While we anticipate that there will be some bumps along the way, we’re confident that the company is on the right track.”

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