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Strong operating income growth reflects Revlon's continued execution against its strategic initiatives amid supply chain challenges.
March 7, 2022
By: Lianna Albrizio
Associate Editor
Net sales for Revlon, Inc. were $615.2 million for the fourth quarter ended Dec. 31, 2021. This represents a decrease of $11.4 million, or 1.8% compared to the prior-year period, which was $626.6 million. Operating income improved $38.9 million, from $67.3 million in the fourth quarter of 2021, compared to $28.4 million the prior-year. A gross margin improvement of 240 basis points drove the operating income higher. Adjusted operating income in the fourth quarter ...
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