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Net Income and Sales Rise at Revlon

Profits quadruple on a 9% sales gain.

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By: TOM BRANNA

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Revlon Inc. said Thursday its profit grew more than fourfold in the first quarter, benefiting from improved sales and comparison with credit refinancing expenses that hurt results a year ago. Net income of $10.4 million, or 20 cents per share, for the three months ended March 31, up from $2.2 million, or 4 cents per share, a year earlier. The year-ago period included $9.7 million in expenses related to refinancing some credit agreements. Revenue rose 9% to $333.2 million from $30...

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