We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Avon Reports Weaker Sales For Full-Year 2013

February 13, 2014: 12:00 AM EST
Avon Products, Inc. reported total revenue declined 6 percent to $10.0 billion in 2013, with total units dropping 5 percent and price/mix increasing 4 percent. Total Beauty sales decreased 7 percent, or 2 percent in constant currency basis, while sales of its Fashion & Home business dropped 4 percent, or increased 1 percent in constant dollars. Operating profit was $427 million, with operating margin dropping 70 basis points to 4.3 percent. Adjusted operating profit was $791 million, with adjusted operating margin 130 basis points to 7.9 percent, compared with 2012. Net loss for the year was $1 million. For the fourth quarter of 2013, the company said revenue dropped 10 percent from the same quarter of the previous year, with operating loss of $17 million.
"Avon Reports Fourth-Quarter and Full-Year 2013 Results", Avon, February 13, 2014, © Avon Products, Inc.
North America
United States of America
Companies, Organizations
Earnings Release
Press Release
Developed by Yuri Ingultsov Software Lab.