More on Avon (AVP): Total units sold down 4% on broad global declines. Gross margin fell 160 bp...

|About: Avon Products, Inc. (AVP)|By:, SA News Editor

More on Avon (AVP): Total units sold down 4% on broad global declines. Gross margin fell 160 bp Y/Y to 62.8%. Net debt up to $2.4B, from $2.11B a year ago. CEO Sheri McCoy cites "complex challenges" during the period, including cash generation and cost structure. (PR)