Avon Products, Inc.(AVP)- NYSE
  • Nov. 4, 2015, 12:44 PM
    | Nov. 4, 2015, 12:44 PM | 1 Comment
  • Nov. 4, 2015, 9:15 AM
    | Nov. 4, 2015, 9:15 AM | 2 Comments
  • Nov. 4, 2015, 9:04 AM
    • Avon Products (NYSE:AVP) slides after a reporting a loss in Q3, instead of the narrow profit forecast by analysts.
    • Though foreign exchange pressure continues to be the headline story on Avon, a negative 19 percentage point impact is seen for the full year, weakness in North America is also an earnings drag.
    • Sales fell 17% in North America with fewer Avon sellers pounding the pavement.
    • AVP -7.41% premarket to $4.00 vs. the 52-week trading range of $3.18 to $10.65.
    • Previously: Avon Products misses by $0.19, misses on revenue (Nov. 04 2015)
    | Nov. 4, 2015, 9:04 AM | 4 Comments
  • Nov. 4, 2015, 6:50 AM
    • Avon Products (NYSE:AVP): Q3 EPS of -$0.11 misses by $0.19.
    • Revenue of $1.67B (-22.0% Y/Y) misses by $10M.
    • Shares -2.78% PM.
    | Nov. 4, 2015, 6:50 AM | 2 Comments
  • Nov. 4, 2015, 6:49 AM
    • Avon Products (NYSE:AVP) declares $0.06/share quarterly dividend, in line with previous.
    • Forward yield 5.57%
    • Payable Dec. 1; for shareholders of record Nov. 16; ex-div Nov. 12.
    | Nov. 4, 2015, 6:49 AM | 1 Comment
  • Nov. 3, 2015, 5:30 PM
  • Oct. 30, 2015, 11:49 AM
    • There's an eclectic mix of wellness and personal care stocks making a breakout on a down market day.
    • It's not crystal clear if the buying enthusiasm is in response to the Valeant drama or earnings reports from within the sector.
    • Gainers: GNC Holdings (GNC +6.1%), Vitamin Shoppe (VSI +1.6%), FitLife Brands (OTCPK:FTLF +4.5%), Nu Skin (NUS +9.8%) , Natural Health Trends (NHTC +2.1%), Inter Parfums (IPAR +3.1%), Avon Products (AVP +1.7%), Wellness Center USA (OTCQB:WCUI +12.3%), Herbalife (HLF +4%).
    | Oct. 30, 2015, 11:49 AM | 61 Comments
  • Oct. 12, 2015, 3:00 PM
    • Shares of Avon Products (AVP -8.1%) slump on moderate volume after Canaccord Genuity weighs in on if the stock should trade with a takeover premium.
    • The investment firm notes that a concrete offer hasn't come in on cosmetics seller since 2012, despite the slide in Avon's market cap.
    • Concerns over the direct selling model in developed markets continue to hang over the company to depress M&A potential, warns Canaccord.
    • AVP hasn't trade over $10 since late in 2014.
    | Oct. 12, 2015, 3:00 PM | 4 Comments
  • Oct. 8, 2015, 11:06 AM
    • There are broad gains across the apparel and footwear sectors as investors take direction from Asia where a vibrant stock market rally in China and enthusiasm over the impact of the Trans-Pacific Partnership agreement has reset some expectations.
    • The positive vibe on Asia is also providing a lift to the sensitive personal products sector.
    • Gainers: Nike (NYSE:NKE) +1.6%, Deckers Outdoor (NYSE:DECK) +2.1%, Crocs (NASDAQ:CROX) +1.9%, VF Corp (NYSE:VFC) +1.5%, Steven Madden (NASDAQ:SHOO) +2.0%, Foot Locker (NYSE:FL) +2.4%, Caleres (NYSE:CAL) +1.9%, Iconix Brand Group (NASDAQ:ICON) +1.8%, Gildan Activewear (NYSE:GIL) +1.3%, Avon Products (NYSE:AVP) +2.9%, Coty (NYSE:COTY) +1.9%, Nu Skin (NYSE:NUS) +1.6%.
    • With major U.S. indexes all in negative territory, consumer products stocks are defying the trend. The S&P Retail ETF (NYSEARCA:XRT) is up 1.0%, the S&P Consumer Staples (NYSEARCA:XLP) is +0.4%, and the iShares Dow Jones US Consumer Goods ETF (NYSEARCA:IYK) is +0.6%.
    • Previously: Apparel stocks break out of the pack (Oct. 08 2015)
    | Oct. 8, 2015, 11:06 AM
  • Oct. 5, 2015, 1:23 PM
    • Personal product stocks are making a strong move on a positive mix of economic and trade news.
    • The hard-hit sector takes a lot of its cues from Asia and the impact of a strong U.S. dollar.
    • Gainers: Avon Products (NYSE:AVP+11.7%, Coty +4.8%, Natural Health Trends (NASDAQ:NHTC+9.6%, Inter Parfums (NASDAQ:IPAR+3.6%, Estee Lauder (NYSE:EL+2.3%.
    | Oct. 5, 2015, 1:23 PM | 3 Comments
  • Oct. 2, 2015, 9:26 AM
    • Amazon (NASDAQ:AMZN) will be the number two player in non-food consumables by 2018, according to a new report from Cowen & Company.
    • The company is leveraging its powerful Prime platform to gain market share in the highly-competitive field by highlighting to consumers its advantages on pricing and delivery.
    • Amazon's gains could come at the expense of store traffic for Wal-Mart (NYSE:WMT), Target (NYSE:TGT), and Walgreens (NASDAQ:WBA), notes Cowen.
    • The Amazon Effect could also impact pricing in the personal care, household, pet, and baby products sectors - a wide swath of the consumer goods industry that impacts companies such as Procter & Gamble (NYSE:PG), Avon Products (NYSE:AVP), Revlon (NYSE:REV), Kimberly-Clark (NYSE:KMB), Carter's (NYSE:CRI), Colgate-Palmolive (NYSE:CL), Ulta Salon (NASDAQ:ULTA), Unilever (UN, UL), and Church & Dwight (NYSE:CHD) as they negotiate deals.
    • Related ETFs: IYK, UGE, SZK
    | Oct. 2, 2015, 9:26 AM | 33 Comments
  • Sep. 16, 2015, 9:05 AM
    • Deutsche Bank isn't panicky over a plan by Avon Products (NYSE:AVP) to raise capital through a PIPE (private investment in public equity) transaction.
    • The investment firm lowered its price target on Buy-rated AVP to $10 (+250% upside) due to the ongoing F/X pressure in Brazil, but sees fears over Avon's cash flow as overdone.
    • "If the raise is announced in conjunction with a significant restructuring that reduces bloated overhead costs, it should actually be well received by investors looking for the fundamental inflection that never seems to come," reads the DB note.
    | Sep. 16, 2015, 9:05 AM | 5 Comments
  • Sep. 11, 2015, 12:02 PM
    • Avon Products (NYSE:AVP) is down 13.2% on heavy volume to slide to a lower level than where shares stood before yesterday's report of a potential deal to slice off a stake of the company to Cerberus.
    • The initial flurry of excitement over a PIPE transaction has now developed into concerns over pricing and Avon's cash situation.
    • "It is not good news," sums up B. Riley analyst Linda Bolton Weiser on the development.
    • Previously: Avon Products spikes 10% after WSJ tips on stake sale (Sep. 10 2015)
    • Previously: Avon Products taking bids in PIPE deal (Sep. 10 2015)
    | Sep. 11, 2015, 12:02 PM | 7 Comments
  • Sep. 10, 2015, 2:26 PM
    • Avon Products (NYSE:AVP) is taking bids in a private investment in public equity process (also called a PIPE) which is expected to wrap up next week.
    • Cerberus Capital Management and Platinum Equity are reported to be two of the interested buyers, although the precise size of the Avon stake is uncertain.
    • Shares of AVP have come off of some trading halts to fall back down to a 2.21% gain after spiking off the original WSJ report. It's an interesting move since the stock was subject to some wild swings around a fake Avon takeover bid earlier this year.
    • Previously: Avon Products spikes 10% after WSJ tips on stake sale (Sep. 10 2015)
    | Sep. 10, 2015, 2:26 PM | 1 Comment
  • Sep. 10, 2015, 2:01 PM
    • Avon Products (NYSE:AVP) has discussed selling a stake to Cerberus and other private-equity firms, according to an upcoming WSJ story.
    • Shares of AVP have spiked 10.4% amid some trading halts.
    | Sep. 10, 2015, 2:01 PM | 4 Comments
  • Jul. 30, 2015, 7:28 AM
    • Avon Products (NYSE:AVP) declares $0.06/share quarterly dividend, in line with previous.
    • Forward yield 4.46%
    • Payable Sept. 1; for shareholders of record Aug. 13; ex-div Aug. 11.
    | Jul. 30, 2015, 7:28 AM | 1 Comment
Company Description
Avon Products, Inc. manufactures and markets cosmetics and beauty related products. Its product categories are Beauty, Fashion and Home. The Beauty category consists of color cosmetics, fragrances, skin care and personal care. The Fashion category consists of fashion jewelry, watches, apparel,... More
Industry: Personal Products
Country: United States