Wednesday, February 9, 2011

On the Call: Avon CEO Andrea Jung on 4th quarter

Beauty products company Avon Products Inc. said its fourth-quarter net income fell 15 percent as commodity costs rose and sales were weak in Brazil and Russia.
CEO Andrea Jung singled out slowing growth in Brazil and Russia when she discussed the results during a conference call with investors Tuesday.
QUESTION: How does the second half of 2010 compare with the first?
JUNG: 2010

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