Flash Report 4 minutesRegister for Free AccessAvon (AVP) 2016 Investor Day and Full-Year 2015 Outlook Coresight Research January 21, 2016 Executive Summary Avon (AVP) announced at its Investor Day presentation today that sales from international operations rose by 3% on a constant-currency basis in 2015. The company saw total revenue of approximately $6 billion, constant-dollar revenue growth of 2% (a decline of 19% in reported dollars) and growth in active representatives of 1%. CEO Sheri McCoy said Avon plans to “drive out” $350 million in annual operating expenses—a new three-year goal—by cutting jobs, pouring more money into revamping its technology and services, and seeking alternatives for its China business. Shares of Avon went on a roller-coaster ride today. They were down initially as Avon execs gave their pitch, but spiked to a high of $2.79 after Cerberus Capital Management called them “significantly undervalued” and added that there were “zero concerns about liquidity” at Avon. 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: Three Data Points We’re Watching This Week, Week 10: Inflation, Tariffs and Consumer SentimentAnalyst Corner: How Is AI Shaping MarTech?—Transforming Your Strategy via Agentic AI, with Manik BhatiaInnovator Profile: Big Sur AI—Boosting Brands’ Profitability with Commerce-First AI AgentsWeekly US Store Openings and Closures Tracker 2025, Week 14: Urban Outfitters Announces Expansion Plan