Breaking News

Revlon Reports Losses For Third Quarter

November 22, 2005

Revlon, Inc., New York, NY, reported re-sults for the company’s third quarter and nine months ended Sept. 30, 2004. For the third quarter 2004, net sales declined about 7% to $294 million. Gross sales in the third quarter of 2004 were modestly higher. The net sales performance in the current year’s third quarter primarily reflected higher provisions for returns, allowances and discounts combined, partially offset by favorable foreign currency translation in the international segment.
Executives said adjusted EBITDA for the third quarter of 2004 grew to $26 million, compared to $15 million in the prior-year period. Revlon also reconfirmed its previous guidance of achieving adjusted EBITDA of about $190 million in 2004.
Operating loss was $2 million for the third quarter, compared to an operating loss of $7.9 million a year ago. Revlon also reported a net loss of $91.6 million in the third quarter of 2004, compared to a net loss of $54.7 million in the third quarter 2003.
For the first nine months of 2004, operating income was $16.3 million compared to an operating loss of $15.2 million in the prior-year period. The company reported a net loss of $188.7 million for the first nine months of 2004, compared to a net loss of $141.2 million in the first nine months of 2003.
  • Skin of Color Society Connects Experts

    Skin of Color Society Connects Experts

    Melissa Meisel, Associate Editor||January 16, 2017
    Dermatologists from across the nation share information and ideas.

  • Erasa

    Erasa's New Evangelist(a)

    January 9, 2017
    Impressed by the performance of its hero SKU, supermodel Linda Evangelista joins the company in a hand's on role.

  • Discourse on Disclosure

    Discourse on Disclosure

    Tom Branna, Editorial Director||January 6, 2017
    Transparency impacts the cleaning industry.

  • Hitting the Right Notes

    Hitting the Right Notes

    January 6, 2017
    Agilex Fragrances is the leader in the middle market fragrance category.

  • The Smell of Clean in 2017

    The Smell of Clean in 2017

    January 6, 2017
    Changing consumer lifestyles and demographics are impacting the scents found in the household cleaning category.

  • On the Edge

    On the Edge

    January 6, 2017
    Expanding beauty brands to watch in 2017