Avon Products (AVP) Misses Q2 EPS by 3c

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Avon Reports Second-Quarter 2018 Results

August 2, 2018 6:45 AM EDT

LONDON, Aug. 2, 2018 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP) today announced its results for the quarter ended June 30, 2018.

Jan Zijderveld, Avon CEO said, "Entering my seventh month at Avon, I am encouraged by improved revenue growth in 3 of our top 5 markets and the promising trends we are seeing across the majority of the rest of our business. This is underpinned by our improving service quality and operational efficiencies, and in turn reflected in our higher operating margin. However, we are not yet satisfied with the overall operating results of the... More