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Yacktman Funds Comments on Avon

March 13, 2013 | About:

Avon (AVP)'s shares disappointed in 2012, though we believe Avon's global distribution channel and products have significantly more value than the current share price. We like the management changes that occurred at the company and believe that the shares are very attractive given the expected earnings power of the business.

From Yacktman Funds 2012 annual letter.

Rating: 1.0/5 (1 vote)


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