More on Avon Products (AVP): The company says solid results in Latin America and Europe helped...

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

More on Avon Products (AVP): The company says solid results in Latin America and Europe helped the company improve margins to beat EPS estimates. On the revenue side, Avon Beauty sales fell off 5% while the personal care, color, and skincare categories all saw a slip in sales on a reported basis - but held up on a constant-dollar basis. Due to the devaluation of the Venezuelan currency, Avon took a one-time charge of $34M in other expense and $17M in income taxes. AVP +3.4% premarket. (PR)