Company News, Financial News

Declines in North America Impact Revlon

Garcia remains "committed to our long-term strategy."

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By: Christine Esposito

Editor-in-Chief

Revlon, Inc. has announced its results for the quarter ended March 31, 2017. Reported net sales were $594.9 million, an increase of 35.3% compared to the prior-year period. On a pro forma basis, net sales decreased by 5.8%, or 5.3% XFX, compared to the prior-year period.
 According to Revlon, company’s performance for the first quarter of 2017 was adversely impacted by net sales declines in North America across all segments that could not be offset by the company’s robust international net sa...

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