Natura &Co's sales stabilized in Q2 and profitability is impacted by cost pressure
SÃO PAULO, Aug. 11, 2022 /PRNewswire/ -- Natura &Co's (NYSE – NTCO; B3 – NTCO3) second--quarter performance continued to reflect the challenging environment in which it is operating, but the Group recorded positive signs including strong growth by the Natura brand in Brazil and Latin America, another quarter of double-digit growth by Aesop in constant currency and further improvement in Avon's fundamentals.
- Digitally-enabled sales include online sales (e-commerce + social selling) and relationship selling using digital apps.
- Sales to franchisees posted a decline in Q2, but are showing increased retail sales month on month, further reducing inventory as they recover from lockdowns.
- Natura &Co is a global, purpose-driven, multi-channel and multi-brand cosmetics group which includes Avon, Natura, The Body Shop and Aesop.
- Founded in 1969, Natura is a Brazilian multinational in the cosmetics and personal care segment, leader in direct sales.