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Earnings slip, U.S. results decline.
April 29, 2010
By: TOM BRANNA
Editor
Revlon Inc. said its earnings for the first quarter, ended March 31, fell to $2.2 million from $12.7 million. Results for the most-recent quarter include $9.7 million in expenses to refinance the firm’s credit facilities. Sales inched up 0.7% to $305.5 million. However, the firm’s U.S. sales slid 4.7%, driven by lower turnover of Almay color cosmetics and Revlon beauty tools....
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