Edition:
United States

Avon Products Inc (AVP.N)

AVP.N on New York Stock Exchange

1.47USD
19 Jul 2018
Change (% chg)

-- (--)
Prev Close
$1.47
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
1,693,649
52-wk High
$3.80
52-wk Low
$1.42

Latest Key Developments (Source: Significant Developments)

Avon Q4 Adj Diluted Earnings Per Share From Continuing Operations Of $0.12
Thursday, 15 Feb 2018 06:45am EST 

Feb 15 (Reuters) - Avon Products Inc ::AVON REPORTS FOURTH-QUARTER AND FULL-YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $0.17 FROM CONTINUING OPERATIONS.Q4 REVENUE $1.6 BILLION.QTRLY ‍DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS OF $0.17​.QTRLY ADJUSTED DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS OF $0.12.QTRLY ‍ACTIVE REPRESENTATIVES AND ENDING REPRESENTATIVES DECLINED 2% AND WERE RELATIVELY UNCHANGED, RESPECTIVELY​.AVON PRODUCTS - ‍"OUR TOP LINE REMAINS UNDER PRESSURE AS WE CONTINUE TO OPERATE IN CHALLENGING MACRO & COMPETITIVE CONDITIONS, PARTICULARLY IN OUR LARGEST MARKETS"​.AVON PRODUCTS - RECORDED $50 MILLION NET INCOME TAX BENEFIT IN QUARTER THAT INCLUDED ABOUT $30 MILLION NET BENEFIT RECOGNIZED DUE TO IMPACT OF TAX REFORM.RECORDED CTI RESTRUCTURING WITHIN OPERATING PROFIT OF APPROXIMATELY $24 MILLION BEFORE AND AFTER TAX IN QUARTER​.QTRLY SOUTH LATIN AMERICA REVENUE WAS DOWN 2%, OR 1% IN CONSTANT DOLLARS.QTRLY NORTH LATIN AMERICA REVENUE WAS RELATIVELY UNCHANGED, OR DOWN 2% IN CONSTANT DOLLARS.Q4 REVENUE VIEW $1.60 BILLION -- THOMSON REUTERS I/B/E/S.AVON PRODUCTS - BELIEVES HAS "CAPACITY" TO ACHIEVE ITS LONG-TERM GOALS OF MID SINGLE-DIGIT CONSTANT-DOLLAR REVENUE GROWTH AND LOW DOUBLE-DIGIT OPERATING MARGIN.  Full Article

Avon Products Appoints Jan Zijderveld As CEO
Monday, 5 Feb 2018 07:00am EST 

Feb 5 (Reuters) - Avon Products Inc ::AVON PRODUCTS, INC. APPOINTS JAN ZIJDERVELD AS CHIEF EXECUTIVE OFFICER.ZIJDERVELD SUCCEEDS SHERI MCCOY, WHO PREVIOUSLY ANNOUNCED INTENTION TO RETIRE FROM CO, BOARD.JAN WILL ALSO SERVE AS A MEMBER OF BOARD OF DIRECTORS..  Full Article

Avon Products Appoints Jan Zijderveld As Chief Executive Officer
Monday, 5 Feb 2018 07:00am EST 

Feb 5 (Reuters) - Avon Products Inc ::AVON PRODUCTS, INC. APPOINTS JAN ZIJDERVELD AS CHIEF EXECUTIVE OFFICER.AVON PRODUCTS INC - SUCCEEDS SHERI MCCOY, WHO PREVIOUSLY ANNOUNCED HER INTENTION TO RETIRE FROM COMPANY AND BOARD.AVON PRODUCTS INC - JAN WILL ALSO SERVE AS A MEMBER OF BOARD OF DIRECTORS..  Full Article

Avon Q3 EPS $0.01 from continuing operations
Thursday, 2 Nov 2017 06:45am EDT 

Nov 2 (Reuters) - Avon Products Inc ::Avon reports third-quarter 2017 results.Q3 adjusted earnings per share $0.03 from continuing operations.Q3 earnings per share $0.01 from continuing operations.Q3 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Q3 revenue $1.4 billion.Q3 revenue view $1.41 billion -- Thomson Reuters I/B/E/S.Avon Products Inc qtrly ‍south latin america revenue was down 1 pct, or relatively unchanged in constant dollars​.Avon Products Inc qtrly ‍north latin america revenue was up 5 pct, or 2 pct in constant dollars​.Avon Products Inc - ‍expects to meet its 2017 cost savings target and deliver positive free cash flow for year​.Avon Products Inc - ‍"with mixed results in q3 and some positive trends, we expect to see modest improvement continue in q4"​.Avon Products-is within about $25 million of annual savings target,is over half way to total cost savings targeted for 3 year transformation plan of $350 million​.Avon Products Inc - ‍expect annual results to come in below 2017 guidance​.Avon Products -‍expects improvement in q4, with flat to slightly positive performance compared to last year in constant-dollar revenue, adjusted operating margin​.Avon Products - ‍ during Q3 of 2017, co recorded costs to implement restructuring within operating profit of approximately $6 million before and after tax​.  Full Article

Avon reports Q2 loss per share $0.12 from continuing operations
Thursday, 3 Aug 2017 06:45am EDT 

Aug 3 (Reuters) - Avon Products Inc :Avon reports second-quarter 2017 results.Q2 adjusted loss per share $0.03 from continuing operations.Q2 loss per share $0.12 from continuing operations.Q2 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Q2 revenue $1.4 billion.Qtrly South Latin America revenue was up 4 pct.Qtrly Brazil revenue was up 7 pct, or down 2 pct in constant dollars.‍Foreign currency favorably impacted both diluted loss per share and adjusted diluted loss per share by an estimated $0.02 per share​ in quarter.Qtrly North Latin America revenue was down 7 pct.‍On track to achieve its 2017 cost savings target of $230 million​.Expects plan to deliver on long-term goals of mid-single-digit constant-dollar revenue growth, low double-digit operating margin.‍For full-year 2017, company expects constant-dollar revenue growth in low single-digits​.Sees ‍FY adjusted operating margin expansion of 100 to 140 bps over prior year and free cash flow to be slightly positive​.  Full Article

Avon Products says ‍sheri McCoy will step down as CEO
Thursday, 3 Aug 2017 06:44am EDT 

Aug 3 (Reuters) - Avon Products Inc ::Avon Products, Inc. Announces CEO transition plan.Avon Products Inc - ‍sheri McCoy will step down as chief executive officer and as a director on March 31, 2018​.Avon Products Inc - ‍ Sheri McCoy will step down as chief executive officer and as a director on March 31, 2018​.Avon Products Inc - ‍board has retained Heidrick & struggles to assist in identifying McCoy's successor​.  Full Article

Avon Products appoints Jonathan Myers chief operating officer
Tuesday, 20 Jun 2017 04:01pm EDT 

June 20 (Reuters) - Avon Products Inc -:Avon Products, Inc. appoints Jonathan Myers as chief operating officer.Avon Products Inc says ‍most recently, Jonathan served as kellogg's vice president, western european markets, and managing director, uk and ireland​.Avon Products Inc - James Scully, Avon's current executive vice president and chief operating officer, will be leaving company on october 1, 2017.Avon Products - Fernando Acosta, Avon's executive vice president and chief marketing and social selling officer, will be leaving co, Nov 1st 2017.  Full Article

Barington Capital calls on Avon Products to begin search for new CEO
Thursday, 4 May 2017 05:32pm EDT 

May 4 (Reuters) - :Barington Capital Group calls on Avon Products board to begin a search for a new CEO.  Full Article

Avon Q1 adjusted loss per share $0.07
Thursday, 4 May 2017 06:45am EDT 

May 4 (Reuters) - Avon Products Inc ::Avon reports first-quarter 2017 results.Q1 adjusted loss per share $0.07 from continuing operations.Q1 loss per share $0.10 from continuing operations.Q1 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.Q1 revenue $1.3 billion.Q1 revenue view $1.34 billion -- Thomson Reuters I/B/E/S.Qtrly North Latin America revenue was down 6 pct, or up 2 pct in constant dollars, benefiting from higher average order.Says for full-year 2017, including impact of q1, company expects constant-dollar revenue growth in low single-digits.Avon Products Inc - company is on track to achieve its 2017 cost savings target of $230 million.Qtrly south latin america revenue was up 17 pct, or 2 pct in constant dollars.Avon Products Inc- not able to provide a reconciliation of non-gaap financial measures to gaap because certain items that impact these measures.Avon Products Inc - company expects to increase capital expenditures by approximately $65 million in 2017.Avon Products Inc- during q1 of 2017 recorded costs to implement restructuring within operating profit of approximately $10 million before tax.  Full Article

Avon Products CFO to receive an annual base salary of 550,000 GBP - SEC Filing
Thursday, 1 Dec 2016 07:14am EST 

Avon Products Inc:Avon Products Inc - CFO James Wilson to receive an annual base salary of 550,000 GBP - SEC Filing.  Full Article

Cosmetics maker Avon's shares sink after underwhelming results

Avon Products Inc's quarterly results disappointed Wall Street, as the number of its door-to-door salespeople contributing to revenue fell at the worst rate in at least three years, driving the cosmetics maker's shares lower on Thursday.