however, sheri mccoy is doing her best to turn things around. last month we learned a private equity firm is investing $435 million if the company for 16.6% stake and avon is selling more than 80% oits ailing north american division for $170 million which will allow the company to focus on its lucrative international business. plus, yesterday avon announced plans to cut $350 million in annual operating costs and used those savings to help grow the business. but is it enough. let's check in with sheri mccoy, the ceo of avon products to get a better sense of where her company is headed. ms. mccoy, welcome to "mad money." please have a seat. >> thank you. >> it's been a rough road but you were j & j and now you've been trying to turn it around. why should we go in at two bucks and change and buy the stock transformation plan. we have cerberer partnership which allows to separate north america which has been a challenge that we've had and put the focus and funding that the business needs to support our representatives and turn it around. at the same

let's check in with sheri mccoy, the ceo of avon products to get a better sense of where her company is headed. ms. mccoy, welcome to "mad money." please have a seat. >> thank you. >> it's been a rough road but you were j & j and now you've been trying to turn it around. why should we go in at two bucks and change and buy the stock from avon? >> we have a great transformation plan. we have cerberus partnership which allows to separate north america which has been a challenge that we've had and put the focus and funding that the around. at the same time we have funding and resources and focus for the international business. and if you look at the underlying performance of the international business and constant dollar revenue, what you see is 3% growth in 2015. so our local markets, our top ten markets, we have terrific products and i think we have been beleaguered by some fx so we're continuing to manage that focusing on taking cost out and prices as we can do that. >> viewers -- some viewers know you have a big debt position. you owe a lot of money and you've been burning cash. will

however, sheri mccoy is doing hest to turn things around. last month we learned a private equity firm is investing $435 milln if theompany for 16.6% stake and avon is lling more than 80% of its aing north american division for $170 million ich will allow the company to focus on s lucrate internatiol busiss. yesterdaavon anned plans to c $350 million in an operating costs andd thossavings help grow the business. t is it enough.let's check in with sheri y, the ceo of avon products to get a better sense of where her coany is headed. ms. mccoy, welcome to "mad >>hank you. >>t'been a rough road but you were j & j and nowou'v beenryg to turn it around. why shou we go in at two bucks and change and buyhe sck from avo >> we have a gat transformaon pn. we have cerberusartnership which allows to sepate north america which has en challenge thatve had and put the s and fundinthat the business needs tsupport our reentatives d tu it around. athe same time we have funding and resources and focufor the internatiol siness. d if you look at the underlying per

they bring on sheri mccoy. trying to save versus digital.on't have to save alphabet or facebook. you don't have to save amazon. those don't need saves. you know why? because they are -- they've gone through the divisional playoffs and they're in the ac and nfc championships. playoffs, yes. >> jim, what a week. we'll see you tonight. "mad money," 6:00 p.m. when we come back existing home sales and lei. don't go away. thanks. ♪ [ male announcer ] fedex® has solutions to enable global commerce that can help your company grow steadily and quickly. great job. (mandarin) ♪ cut it out. >>see you tomorrow. ♪ there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. >>> whack back to "squawk on the street." i'm carl quintanilla a. they con