Flash ReportAVON (AVP) 1Q16 Results: EMEA Growth Offset by Slowdown in Asia and Latin America Coresight Research May 5, 2016 Executive Summary Avon reported 1Q16 revenues of $1.31 billion, down 16% year over year but up 2% in constant-currency terms and up 3% in constant currency excluding referrals. Adjusted EPS was $(0.07), missing the consensus estimate of $0.03. The results were in line with management’s expectations, but missed analysts’ estimates. The company is going through significant reorganization and experiencing the impact of the strengthening dollar. The company expects to save $20 million from supply chain and sourcing initiatives in 2016. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Chinese New Year 2026 Review: A Shift Toward Extended, Segmented and Experience-Driven ConsumptionThe Sentiment Split: Optimism at the Top, Strain at the Bottom; Plus, Social Commerce Shopping in Focus—US Consumer Survey InsightsAmazon Bids to Acquire TikTok—What It Means for US E-CommerceWeekly UK Store Openings and Closures Tracker 2025, Week 32: Co-op Opens New-Format Micro Store
