Avon Products Inc.: The cosmetics and jewelry...
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From Times Staff and Wire Reports
Avon Products Inc.: The cosmetics and jewelry company reported fourth-quarter net income of $88 million, contrasted with a loss of $25.7 million in the year-ago period. Revenue was $1.13 billion, up 9%. Annual earnings rose 257% from the previous year to $195.3 million on revenue of $3.45 billion, a 5% jump. The firm cited increased sales from its core direct-selling business.
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