Avon Products Inc. expects second quarter sales to be up approximately 4%, an increase over the 2% growth of the first quarter.
Second quarter sales in the U.S., Avon’s largest market, are forecast to be up 6-7% for the quarter, on top of 6% growth last year. The U.S. also is expected to post a record second quarter operating margin.
Avon is scheduled to report second quarter financial results on July 19. The New York-based company markets to women in 143 countries through 3.5 million independent sales representatives.
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