|Bid||1.91 x 4000|
|Ask||1.92 x 1400|
|Day's Range||1.90 - 1.98|
|52 Week Range||1.85 - 3.89|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Soft Active Representatives growth troubles Avon (AVP) since several quarters. This creates a major hurdle in the company's efforts to revive top and bottom lines.
Toothpaste may not be as sexy as artificial intelligence or cryptocurrency, but it could be a big driver for consumer staples stocks as demand for this global product increases in emerging markets around the globe. The portfolio manager also noted that as much as 60% of revenue for some consumer staples companies is derived from sales into emerging markets, where population growth is happening at a faster rate than in the developed world.
The number of Avon's active representatives — salespeople who helped make the brand popular through the 20th century — fell 4 percent in the first quarter, the steepest decline since at least early 2015. "I'm still as convinced as ever of the potential of the business, but it's fair to say that, obviously, the business is not performing," Chief Executive Officer Jan Zijderveld said in an interview. Avon needs a clear strategy for its future, better marketing capabilities and has to invest in its sales representatives, Zijderveld added.
Avon Products Inc's quarterly results disappointed Wall Street, as the number of its door-to-door salespeople contributing to revenue fell at the worst rate in at least three years, driving the cosmetics maker's shares lower on Thursday. The number of Avon's active representatives — salespeople who helped make the brand popular through the 20th century — fell 4 percent in the first quarter, the steepest decline since at least early 2015. "I'm still as convinced as ever of the potential of the business, but it's fair to say that, obviously, the business is not performing," Chief Executive Officer Jan Zijderveld said in an interview.
Avon (AVP) reports first-quarter 2018 loss per share in line with estimates while sales beat. Active Representatives remain a key hurdle for growth.
Avon Products (AVP) came out with first-quarter 2018 results, wherein it recorded adjusted loss per share of 2 cents that came in line with the Zacks Consensus Estimate.
Cosmetics maker Avon Products reported a smaller quarterly loss and higher sales on Thursday, buoyed by growing demand for its anti-aging creams and fragrances. Net loss attributable to the company narrowed ...
Avon Products Inc. said Thursday it had a net loss of $20.3 million, or 6 cents a share, in the first quarter, narrower than the loss of $36.5 million, or 10 cents a share, posted in the year-earlier period. Chief Executive Jan Zijderveld said the results were "unsatisfactory and do not represent the underlying potential of the business." The company is "moving with deliberate urgency to design our turnaround plan," said the executive.
The London-based company said it had a loss of 6 cents per share. Losses, adjusted for pretax expenses and restructuring costs, were 2 cents per share. The results met Wall Street expectations. The average ...
Avon's (AVP) soft Active Representatives trend is weighing on top and bottom-line performances. However, its Transformation Plan positions it to deliver growth in the long term.
When it comes to the stock market, things could’ve gone better in the first quarter of 2018. The S&P 500 dropped about a percent in Q1. Here’s a look at some of those stocks under $10 that were big winners in Q1.
Among the companies with shares expected to trade actively in Monday's session are Facebook, Amazon, Carlyle Group, GGP, Nvidia and Red Hat.
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Government officials ratcheted up pressure Monday on Facebook ...
Investors Shah Capital, Barington Capital Group and NuOrion Partners had pressured the cosmetics maker to explore strategic options, including a sale. Mitarotonda, who runs Barington Capital, will join Avon's board, the company said in a regulatory filing. Barington first publicly disclosed its stake in Avon in December 2015.
Avon Products Inc. disclosed Monday it plans to cede a board seat to an activist investor as part of a deal that will help the struggling beauty company avoid a proxy fight.
Avon (AVP) has been progressing well with the Transformation Plan that exceeded cost-saving expectation for 2017. However, the company has been posting soft sales for a while now.
Avon Products (AVP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.