Corey Augenstein
MLM Insider

Beauty sector mounts a comeback
Published: Aug 08, 2017

Beauty sector mounts a comeback

Aug. 7, 2017 11:41 AM ET|By: , SA News Editor 

Shares of Revlon (REV +6.3%) and Avon Products (AVP +1.4%) take back some ground lost after both beauty companies posted subpar Q2 results last week. Coty (COTY +1%) and Estee Lauder (EL +1.1%) are also higher on the day.

Some analysts have suggested that the sector is oversold off of concerns on department store discounting.

Previously: Revlon reports Q2 results (Aug. 4)

Previously: Avon Products misses by $0.10, misses on revenue (Aug. 3)