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. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Mapping the US’s Reciprocal Import Tariffs: Which Nations Are Affected?Consumer Sentiment—The Big Surprise in a Week of Shocks; Plus, Apparel Shopping in Focus: US Consumer Survey InsightsRetail 2025: China Retail PredictionsInnovator Profile: Novel—Driving Conversion and Boosting Loyalty with Branded Wallet Passes
