By  on July 31, 2014

Second-quarter results at Avon Products Inc. certainly weren’t its best, but there are indications of improvement, with the North American market possibly returning to profitability in 2015.

The company posted results for the period ended June 30 that saw a 40.4 percent decline in net income to $19 million, or 4 cents a diluted share, from $31.9 million, or 7 cents, a year ago. Total revenues fell 12.8 percent to $2.18 billion from $2.51 billion, which included a net sales drop of 13.3 percent to $2.14 billion from $2.47 billion.

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