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Sales Rise Slightly at Revlon

Q2 report shows 1.7% increase to $357.1 million.

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By: TOM BRANNA

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Revlon, Inc. posted results for the second quarter ended June 30, 2012. Net sales increased 1.7% to $357.1 million. Operating income of $42.8 million, which included a net charge of $6.7 million related to estimated costs of resolving previously disclosed pending litigation related to the company’s 2009 exchange offer, compared to $47.8 million. Commenting on the quarter, Revlon President and Chief Executive Officer Alan T. Ennis said, “In the second quarter of 2012, we delivered top line...

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