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April 29, 2004
By: TOM BRANNA
Editor
Revlon Inc. posted a wider quarterly loss, as it retired debt and took other steps to shore up its balance sheet, according to a Reuters report. The New York-based company, which has struggled under a heavy debt load, said the net loss in the first quarter totaled $58.2 million, or 63 cents per share, compared with a loss of $48.7 million, or 91 cents a share, in the year-earlier period.Results for the latest quarter include a loss of $33 million for early debt retirement. The company completed ...
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