Will Avon's (AVP) Strategies Help Find A Way Out Of The Maze?
Zacks Investment Research | Jun 07, 2017 09:19PM ET
Beauty products retailer, Avon Products Inc. (NYSE:AVP) seems to be trapped in a maze with nowhere to go. The company has long been struggling with dismal top-line and bottom-line performances due to weak Active Representatives growth and negative currency movements. Evidently, the company’s top-line and bottom-line has lagged the Zacks Consensus Estimate for three consecutive quarters now. Further, the company delivered loss per share in the preceding two quarters.
This dismal trend has also largely weighed down the company’s stock price. The stock has lost nearly 4% in the last one month. Further, shares of this Zacks Rank #5 (Strong Sell) company have declined 30.9% year to date, while the Zacks categorized Original post
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