Company Earnings UpdateAvon (AVP) 2Q18 Results: Misses Consensus Estimates, Big Plans for the Second Half Coresight Research August 3, 2018 Executive Summary Avon Products reported 2Q18 adjusted EPS of $(0.02), missing the breakeven consensus estimate. Revenues were $1.35 billion, down 3.2% year over year, missing the consensus estimate of $1.40 billion. Revenues in North and South America each grew 3% in constant currency. An accounting change helped total revenues by 4%. The company’s strategy centers on achieving profitable, sustainable topline growth by focusing on the experience and satisfaction of its representatives through enhanced training, as well as the expected launch of 200 products in the second half of the year. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Mapping the US’s Reciprocal Import Tariffs: Which Nations Are Affected?Five Ways AI Is Being Used in Apparel and Footwear Retailing—and What’s NextThe State of AI: What’s Possible, What’s Theoretical and What It All Means for RetailUS Retail Sales Outlook: Our Retail Growth Outlook Score Strengthens, Slightly
