Avon
This article was originally published in The Rose Sheet
Executive Summary
Reaffirmed third quarter financial guidance includes U.S. sales growth of 7% and order growth of 3%. Company says temporary interruption in U.S. mail deliveries in days immediately following Sept. 11 caused some delays in receiving orders from representatives but that order flow has returned to normal. "The past two weeks have encouraged us that the resiliency of our U.S. representatives and the personal relationships they have with their customers continue to be powerful, competitive advantages particularly in times of uncertainty," Avon states. Company is scheduled to report third quarter financials Oct. 17