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Article: Avon Reports Third-Quarter Results.
- Article from:
- PR Newswire
- Article date:
- October 29, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Revenue of $2.6 Billion 4% Lower Year over Year Due to Foreign Exchange Pressure; Up 7% on Local-Currency Basis, Driven by Strong Beauty Sales Active Representatives Up 10%; Units Up 5%; Beauty Units Up 6% Third-Quarter Earnings per Share of $.36, Including Costs of $.06 for Restructuring Long-term Outlook: Continued Mid-Single-Digit Local-Currency Revenue Growth; Operating Margin Improving to Mid-Teens upon Completion of 2005 and 2009 Restructuring Programs
NEW YORK, Oct. 29 /PRNewswire-FirstCall/ -- Avon Products, Inc. today reported third-quarter 2009 total revenue of $2.6 billion, 4% lower than that of 2008's third quarter, but up 7% on a local-currency ...