The mass-market beauty company had $96.8 million in sales for the first half of 2016.
August 26, 2016
• Allison Collins
Beauty Beat: Sales Rise at Avon, but Restructuring Sinks Net … Shiseido Returns to Profitability in ’05
Hurt by expenses from its previously announced three-year restructuring program, Avon Products Inc. reported first-quarter net earnings fell by two-thirds, despite sales that increased 6.5 percent to just over $2 billion.