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Avon Earnings Down 30%

Posted on 03. Nov, 2009 by Dan Mitchell in Network Marketing News

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Source: Wall Street Journal

Avon Products Inc. (AVP) posted a 30% drop in third-quarter profit amid foreign-exchange effects and restructuring-related costs.

But volume slid 19% in China, which has been a strong point for the company, and 5% in North America as earnings topped analysts' expectations.

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Tags: avon