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April 24, 2003
By: TOM BRANNA
Editor
Cosmetics company Revlon Inc. on Thursday said its first-quarter loss widened as it spent money to improve store displays, discontinue products and on other efforts aimed at improving its business.The New York-based company posted a net loss of $48.7 million, compared with a loss of $46.1 million, or 88 cents a share, in the year-ago period.“Our growth plan remains on track, and we are confident in our ability to execute effectively to drive improved results as we move forward,” said...
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