Friday, April 30, 2010

HR Quarterly Round-Up: Revlon, Avon


Revlon 1Q Profit Falls On Expenses, US Sales Down (Businessweek): Revlon Inc.'s first-quarter profit tumbled on Thursday, pressured by higher expenses as U.S. sales for the beauty products company declined.

Avon Products 1Q Profit Takes a Hit From Currency (Crain's NY Business): Avon Products Inc. said Friday that first-quarter profits fell 64 percent as the company was hit hard by a devaluation of Venezuela's currency.

No comments: