Avon Products Inc. reported on Tuesday its fourth-quarter profit edged up from a year ago as the beauty products company struggled with restructuring costs.
The results beat analysts' forecasts, however, and Avon shares rose more than 9 percent in morning trading.
The New York-based direct seller of cosmetics and other beauty products said it earned $184.1 million, or 41 cents per share, for the three-month period ended Dec. 31 compared with $183.2 million, or 40 cents per share, in the year-ago period.
Revenues rose 9 percent to $2.62 billion from nearly $2.4 billion in the year-ago period.
Double Your Income with Network Marketing
Check out the new book by MLM Blog founder, Ty Tribble, published by the largest business book publisher in the world...
Click Here To See The Book On Amazon.com Now
More MLM Blog Articles Written By: Ty Tribble
Ty is an Internet Marketer, Blogger and Social Marketing Entrepreneur
