Company News, Financial News

Q2 Sales Up at Revlon

Slight gain according to preliminary results

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By: TOM BRANNA

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Revlon, Inc.'s preliminary second quarter sales rose 1.3% to $489 million, but operating income fell 15% to $52 million. According to Revlon’s President and Chief Executive Officer Fabian Garcia, growth was fueled by product innovation and strong performance by established brands in both the consumer and professional segments. But the big news during the recently completed quarter was the acquisition of Elizabeth Arden. “We are very excited about the strategic long-term growth...

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