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Revlon Reports Second Quarter Sales Down 2%

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By: TOM BRANNA

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Revlon, Inc., New York, posted results for the second quarter ended June 30. Net sales declined 2% to $316 million. Internationally, net sales grew 12% to $109 million. Executives said this performance reflected higher returns and allowances and lower shipments in North America, partially offset by solid growth and favorable foreign currency translation.“We remain focused on driving the long-term health of the company, and I am confident that the actions we are taking to strengthen our str...

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