UPDATE: Avon Posts Upbeat Adjusted Earnings
February 13, 2014 at 07:36 AM EST
Avon Products (NYSE: AVP ) reported a narrower fourth-quarter loss. Avon posted a quarterly loss of $69.1 million, or $0.16 per share, versus a year-ago loss of $162.2 million, or $0.37 per share. On an adjusted basis, it earned $0.34 per share. Its revenue fell 10% to $2.67 billion. However,