Company News, Financial News

Revlon Posts Decent Q1

Sales slipped slightly at 1.3% to $553.2 million.

Revlon, Inc. posted results for the quarter ended March 31, 2019. Net sales slipped slightly at 1.3% to $553.2 million in the first quarter of 2019.

“We are very pleased with the continued momentum in our business during the first quarter of 2019 driven by strong growth in Revlon and Elizabeth Arden. We also remain encouraged by the positive consumer response to our first half 2019 new product introductions. Our strategic focus areas of e-commerce, Elizabeth Arden skincare, China and Travel Retail continued to perform exceedingly well, and as a result of improved operational performance, we achieved our third consecutive quarter of year-over-year Adjusted EBITDA growth,” said Debra Perelman, President and CEO of Revlon.

 

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