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Avon Products Inc   (AVP)
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EARNINGS REPORT by CSIMarket

Break-even, Sales very Strong

Avon Products Inc announced financial second quarter 2021 operating loss of $-19.1 millions

wash_down_pdFor the financial second quarter 2021 Avon Products Inc reached break-even of $0.00 per share compare to $0.00 a year ago and from $0.00 per share from the prior quarter.

Sales grew strongly by 51.2 % to $917 millions from $607 millions in the same quarter a year ago and sequentially Sales increased by 1.39 % from $904 millions.


Only one section improved Beauty +83.44%, while following segments recorded decrease in revenues North America -16.66%, Latin America -25.89%, Pacific -16.12%, Europe -19.48%.
In the financial second quarter 2021 Avon Products Inc reported net loss of $-62.100 million, instead of deficit of $-93.500 millions in the same quarter a year ago.


Avon Products Inc is expected to report next financial results on March 04, 2022.


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Company achieved top and bottom-line growth for the fiscal period ending Oct 02 2021. Sales were at $1.13 billions increased by 9.5% year on year and decreased by -3.71% quarter on quarter, while income increased by 8.84 % to $3.57, sequentially eps decreased by -5.05%.


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For the fiscal period ending Sep 30 2021 eps advanced by 27.86 % to $2.57 per share, followed by Sales increase of 13.15% to $5.57 billions, compared with the prior year period.

From the preceding quarter, eps decreased by -5.51% from $2.72 per share and Sales increased by 1.13 % from $5.50 billions.

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Factory orders remain unchanged in August after a gain in the last month, but are up over the past 12 months,

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Sequentially profits fell by -17.31% from $0.52 per share and Sales advanced by 10.1 % from $2.99 billions.

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Other AVP's Earnings Reports

Avon Products Inc reported first quarter 2021 earnings

Avon Products Inc reported fourth quarter 2020 earnings

Avon Products Inc reported third quarter 2020 earnings

       
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