Flash Report 3 minutesRegister for Free AccessAVON (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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: US CPG Sales Tracker: Health and Beauty Drives Online CPG Growth Up to Mid-Single-Digit PercentageWeekly US and UK Store Openings and Closures Tracker 2023, Week 3: US Closures Down 24%Revealing Divisions in Consumer Sentiment: US Consumer Survey Insights ExtraFocus on Sustainable Fashion: China Consumer Tracker
