Avon's sales jump 6% in fourth quarter on strength in U.S. (As We Go To Press).* Avon Products Avon Products, Inc. NYSE: AVP is a US cosmetics, perfume and toy seller with markets in over 135 countries across the world and sales of $8.1 billion worldwide as of 2005. , Inc., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY, reported record sales for the fourth quarter and full-year 2001, and earnings per share that were in line with expectations, despite economic challenges and difficult comparisons against strong 2000 results, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. executives. Sales increased 6% to $1.74 billion, up from $1.65 billion a year before. For the year, sales rose 5% to $5.95 billion and net income reached $430 million. Growth is expected to continue in 2002. "We are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. high single-digit earnings growth in the first half, with double-digit growth in the second half," said Andrea Jung, Avon's chairman. "We feel we can successfully manage currency translation risk in Argentina and we are assuming that a reasonable level of economic activity is restored there during the year." |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion