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Top $1.3 billion; net income rises too.
February 17, 2011
By: TOM BRANNA
Editor
Revlon today reported 2010 sales 2.0% to $1.321 billion. Net income jumped to $327.3 million, compared to $48.8 million in 2009, but that included a one-time, non-cash tax benefit of $260.6 million. The company saidh igher net sales of Revlon color cosmetics and Revlon ColorSilk hair color were partially offset by lower net sales of Almay color cosmetics and Mitchum antiperspirant deodorant. “In 2010, we continued to execute our business strategy. We grew the top l...
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