21.01.2016 12:50:07
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Avon Products Reiterates FY15 Outlook - Quick Facts
(RTTNews) - Beauty products maker Avon Products, Inc. (AVP) will host its 2016 Investor Day today, Thursday, January 21, 2016, at the company's global Research and Development center in Suffern, New York. In conjunction with the Investor Day, the company reaffirmed the fiscal 2015 outlook provided on its third-quarter 2015 earnings call.
Avon said on December 17, 2015, that it intends to separate its North American business. As a result, North America will be reported as discontinued operations for all periods.
Excluding the results of North America, the company expects full-year 2015 results to include total revenue of about $6 billion, constant dollar revenue growth of 2 percent and growth in active representatives of 1 percent.
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