Avon Products Q1 FY20: revenue $957 mn; net loss $172 mn

Fashion

Avon Products Q1 FY20: revenue $957 mn; net loss $172 mn

15 Jun `20

1 min read

Avon Products, a global manufacturer and marketer of beauty and related products, posted 19 per cent revenue decline to $957.3 million in first quarter (Q1) FY20 that ended on March 31, 2020, compared to revenue of $1,186.9 million in same period prior year. During the reported quarter company incurred a net loss of $171.9 million (Q1 FY20: $33.5 million).

 

Avon Products, a global manufacturer and marketer of beauty and related products, posted 19 per cent revenue decline to $957.3 million in first quarter (Q1) FY20 that ended on March 31, 2020, compared to revenue of $1,186.9 million in same period prior year. During the reported quarter company incurred a net loss of $171.9 million (Q1 FY20: $33.5 million).#

Operating loss during Q1 FY20 were $101.8 million ($3.9 million). 

 

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