Company News, Financial News

Mixed Results at Revlon’s Q3

Overall sales are up over 10% but individual segments show slips.

Revlon, Inc. posted results for the third quarter ended Sept. 30, 2017. Net sales rose 10.2% to $666.5 million. However, the consumer segment net sales fell 10.5% to $306.7 million. Elizabeth Arden net sales slipped 9.9% to $248.1 million and the professional segment decreased 9.9% to $107.0 million. “Although we continue to achieve strong sales growth for our core brands internationally, our overall results, which continue to be impacted by the company’s performance in the US, were disappoin...

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