Avon Products 2Q Net Doubles On 2009 Charges; Sales Up
Posted on 02.08.10
cents from 38 cents a share as revenue increased 8. 's (AVP) second-quarter earnings doubled on. prior-year restructuring costs while sales and margins rose. closely held sterling-silver jewelry seller Silpada Designs Inc. Beauty sales increased 9% during the quarter, with active. the purchase of Silpada, which has a party-selling model, would. provide a contrast to its person-to-person sales model. basis while sales in North America declined 7% on a 4% drop in. active representatives. 9 million, or 19 cents a share, a year earlier. Avon has seen slower sales in North America and. 6 million, or 39 cents a share, up. from $82. (Updates to include other charges for the latest quarter, updates. Excluding restructuring and other charges, profit rose to 48. cents a share on revenue of $2. Total sales in Latin in America jumped 15% on a constant-currency. Meanwhile, overhead costs rose just 5. Avon Products Inc. Sales from China, where the company has.
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