Avon Sustained Double-Digit Earnings Growth Dictates 21.6% Stock Gain
This article was originally published in The Rose Sheet
Fueled by strong sales in emerging markets and cost cutting business transformation initiatives, Avon has continued to sustain double-digit earnings growth, courting favor with Wall Street in the second quarter. Following a two-for-one stock split June 1, the issue closed up 21.6% at 46.14 June 30
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