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Exit from Venezuela negatively impacts consumer segment.
July 29, 2015
By: Christine Esposito
Editor-in-Chief
On an as reported basis, Revlon's net sales were $482.4 million in the second quarter of 2015 and $497.9 million in the second quarter of 2014. The company’s exit of its business operations in Venezuela impacted the comparability of period-over-period results, as Venezuela had no net sales in the second quarter of 2015 compared to $8.3 million in the second quarter of 2014, the company said. Excluding Venezuela, total company adjusted net sales were $482.4 million in the second quarter of ...
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