Citi Reports Industry Update On Avon Products

By BenzingaStaffB
Benzinga Staff Writer
August 25, 2011 7:48 AM

Symbols: AVP

Tags: Citi

Posted in: Analyst Color, Analyst Ratings

According to Citi, Avon Products (NYSE: AVP) didn't benefit from improved industry trends in 2010.

Citi said that the US Direct Selling Association recently released its 2010 industry estimates. “The $29 billion U.S. direct selling industry delivered 4% compound annual growth between 1992 and 2010.”

Avon Products closed yesterday at $21.73.

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