Avon Products (AVP) Reports In-Line Q1 EPS

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Avon Reports First-Quarter 2018 Results

May 3, 2018 6:45 AM EDT

LONDON, May 3, 2018 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP), a globally recognized leader in direct selling of beauty and related products, today announced its results for the quarter ended March 31, 2018.

Jan Zijderveld, Avon CEO, said, "Avon's first-quarter results were unsatisfactory and do not represent the underlying potential of the business. During my first 90 days, I have been deeply engaged in a comprehensive review of the Company's operations, including on-the-ground visits to many of our top markets where I have met with many of our direct selling Representatives." Zijderveld emphasized,... More