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Avon Fourth-quarter Sales Fall; More Sales Reps Drop Out

Avon Products Incorporated on Thursday reported lower-than-expected fourth-quarter revenue, as business fell in emerging markets that had been a source of growth for the beauty com... More Avon Products Incorporated on Thursday reported lower-than-expected fourth-quarter revenue, as business fell in emerging markets that had been a source of growth for the beauty company as its North American business waned. Revenue dropped 10 percent to $2.67 billion, while analysts expected $2.75 billion, according to Thomson Reuters I/B/E/S. Excluding the impact of foreign exchange, sales fell 4 percent. Less

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