- Despite Avon Products' (AVP) top-line dip, in constant dollars sales were up 2% as the company received a significant boost from inflation in Latin America.
- Avon Beauty sales fell 4% (unchanged in constant dollars) and Fashion & Home sales rose 2% (+5% constant dollars).
- A weak quarter for Active Representatives contributed to a 12% fall in revenue in North America.
- Gross margin fell 60 bps in Q2 to 62.7%. (PR)
More on Avon Products' Q2
Aug 1 2013, 07:18 ET