Subscribe
Business

News summary: Avon net income drops 70 percent

By The Associated Press
Published
Add Washington Examiner on Google

THE NEWS: Avon Products said Wednesday its second-quarter net income fell 70 percent, hurt by the stronger dollar and lower demand for its makeup and skin care products

THE CONTEXT: Results are another quarter of lackluster growth for the direct-selling company, which has struggled for three years to turn around results. Revenue fell in all regions, including Latin America, its largest region.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.