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Elizabeth Arden business posts double-digit gains.
November 6, 2021
By: TOM BRANNA
Editor
Helped by double-digit gains within its Elizabeth Arden unit, Revlon's third quarter sales rose 9.2% to $521.1 million. By business unit, Revlon's sales rose 4.2% to $173.0 million. Elizabeth Arden sales increased 12.3% to $122.8 million. Portfolio sales rose 11.8% to $112.7 million and fragrances rose 6% to $112.6 million. Despite the gains, Revlon's losses rose near 33% to $53.1 million. “Our results this quarter demonstrate that our strategy is working. The top-line growth i...
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