Avon Products (AVP) Misses Q1 EPS by 3c; Sees FX Hit

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Avon Reports First-Quarter 2015 Results

April 30, 2015 7:01 AM EDT

NEW YORK, April 30, 2015 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP) today reported first-quarter 2015 results. "Overall, the first quarter was in line with our expectations despite currency pressures that were greater than anticipated. Continuing on the momentum we saw in the second half of 2014, I'm encouraged to see improvement in our Active Representative trends and constant-dollar revenue growth in the majority of our top markets," said Sheri McCoy, Chief Executive Officer of Avon Products, Inc. "Despite continued foreign exchange pressure, I'm really impressed with how well our teams in... More