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Revlon Reports 2016 Results

CEO Garcia "encouraged by the progress" made since Arden acquisition.

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By: Christine Esposito

Editor-in-Chief

Revlon’s 2016 reported net sales were $2.3 billion, an increase of 21.9% over 2015. On a pro forma basis, 2016 net sales decreased slightly, but increased 1.4% XFX over 2015, according to the global beauty giant.   “I am encouraged by the progress we have made since the acquisition of Elizabeth Arden, and enthusiastic about the opportunities presented by our newly combined company’s enhanced portfolio of brands, size, scale, profitability and international growth momentum,” Revlon president an...

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