|Bid||3.9200 x 21500|
|Ask||3.9300 x 4000|
|Day's Range||3.9000 - 4.0200|
|52 Week Range||1.3000 - 4.4700|
|Beta (3Y Monthly)||1.25|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Brazilian cosmetics firm Natura&Co sees a stronger performance in its operations in Asia, except for Hong Kong, where both The Body Shop and Aesop brands have been affected by recent protests, executives said on Thursday. In a call to discuss quarterly results, Chief Executive João Paulo Ferreira told analysts that Natura is working to boost businesses, in Asia and plans to double its presence in key markets such as South Korea and Japan. "In terms of The Body Shop, we see a slight decrease in North America, but Asia is having a very strong performance, excluding Hong Kong," he said, adding that operations of its Australian brand Aesop have also been affected.
Avon (AVP) progresses well with its 'Open Up Avon' strategy. Also, the company remains committed to attain its long-term financial targets.
Avon's (AVP) sales and earnings in second-quarter 2019 gain from progress on the Open Up Avon strategy. Its focus on pricing and productivity initiatives drives adjusted operating margin growth.
Avon (AVP) delivered earnings and revenue surprises of 50.00% and -5.71%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Avon Products Inc. shares slid 3.5% in premarket trade Thursday, after the personal care products company missed revenue esitmates for the second quarter. The company said it had a net loss of $19.5 million, or 6 cents a share, in the quarter, after a loss of $36.1 million, or 9 cents a share, in the year-earlier period. Adjusted per-share earnings came to 6 cents, ahead of the 3 cents FactSet consensus. Revenue fell to $1.175 billion from $1.352 billion, missing the FactSet consensus of $1.235 billion. "Our focus on productivity in the second quarter, including less discounting, more effective incentives, optimizing promotions and more favorable mix, led to a 5% improvement in Average Representative Sales with price/mix up 9%," Chief Executive Jan Zijderveld said in a statement. "We have continued to improve mix and tiering by increasing our focus on higher priced categories, like Fragrance, Skin Care, and product bundles. " Shares have gained 180% in 2019, while the S&P 500 has gained 19%.
Avon's (AVP) Open Up strategy is likely to drive second-quarter 2019 results. However, its soft Representatives growth and adverse currency remain deterrents.
Avon (AVP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
(Bloomberg) -- Legendary investor Bill Miller is bringing his winning touch to the hedge fund business.The fund that he launched three years ago has gained 46% in the first half of this year, according to an investor document seen by Bloomberg.That’s enough to make plenty of people in the hedge fund industry jealous.Miller, 69, has found success by following the same playbook he used during his three-decade run at Legg Mason: picking beaten-down securities that trade at a large discount to their intrinsic value.Among his top positions are Amazon.com Inc. -- a stock some say is undervalued even with its double-digit gain this year -- and ADT Inc., the security system company that plummeted in March on a weaker-than-expected earnings outlook.Bullish wagers on Bitcoin and Avon Products Inc. also led his gains through the first half, according to the document. Miller has long been a fan of the cryptocurrency. It reached an 18-month high in June, surging above $13,000. In May, Avon agreed to be acquired by rival beauty-care company Natura Cosmeticos SA. It has returned 155% through June 30.‘Excellent Opportunity’Miller said the current environment looks positive for stocks.“With the economy growing modestly, the Fed about to embark on an easing cycle and inflation quiescent, the extreme diversion in valuations between bond proxies such as utilities and consumer staples and cyclical value stocks, is likely to begin reversing,” Miller said in an email. “This represents an excellent opportunity for investors to earn excess returns.”He declined to comment on the fund’s performance or specific investments. The fund has assets of $126 million. In total, Miller oversees $2.3 billion at his Baltimore-based firm.Notching a double-digit gain hasn’t come easy for Miller. The fund’s monthly performance has been volatile. It surged about 39% in June after falling 29% the month before partly because the fund uses one to three times leverage on its investments.In its short lifespan, the hedge fund has had its ups and downs. It soared 182% in its first full year of trading in 2017 and lost 34% last year as stocks sunk, according to the investor document. The S&P 500 declined 4% with dividends in 2018.Miller gained fame beating the S&P 500 for 15 straight years when he ran the Legg Mason Value Trust. He ran into trouble during the financial crisis, losing 55% in 2008 and triggering redemptions.The stock-picker is still making his mark in the mutual fund world. His Miller Opportunity Trust, which has $1.5 billion in assets, is up 18% this year through July 24, beating almost 90% of its peers, according to data compiled by Bloomberg.To contact the reporter on this story: Melissa Karsh in New York at email@example.comTo contact the editors responsible for this story: Alan Mirabella at firstname.lastname@example.org, Josh FriedmanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Avon Products, Inc. Milan, July 19, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Avon Products, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Helen of Troy (HELE) gains from a solid Housewares segment, ongoing transformation efforts focusing on Leadership Brands and expanded digital presence.
Nu Skin's (NUS) Q2 and 2019 results are likely to be hurt by weak performance in China, triggered by government's product review initiatives.
U.S. retail sales handily beat market expectations in June. Some particular industries have shone promises, putting these ETFs and stocks in focus.