Company News, Financial News

US Sales Rise for Revlon

Q3 figures show 4.6% increase to $255 million.

...

By: Melissa Meisel

US Sales Rise for Revlon

Revlon posted mixed results for the third quarter ended Sept. 30, 2015. Total company net sales slipped slightly at 0.2% to $471.5 million. Consumer segment net sales stayed flat at $348.1 million with business from sales of Revlon color cosmetics, Revlon ColorSilk hair color and Mitchum anti-persipirant deodorants, partially offset by lower net sales of Almay color cosmetics.
 
Professional segment net sales in the third quarter fell 8% to $114.5 million sales but business was favorable for Creme of Nature multi-cultural hair products, American Crew men’s grooming products and Revlon Professional hair products.
 
Total company US net sales in the third quarter increased 4.65 to $255.0 million. Net sales in the US increased in the Consumer segment, primarily driven by higher net sales of Revlon color cosmetics and Revlon ColorSilk hair color, partially offset by lower net sales of Almay color cosmetics. Net sales in the US decreased in the Professional segment primarily due to lower net sales of CND nail products, partially offset by higher net sales of Creme of Nature multi-cultural hair products.
 
Total company International net sales in the third quarter of 2015 fell 5.3% to $216.5 million. However, international net sales increased in the Consumer segment primarily due to higher net sales of Revlon color cosmetics, Revlon ColorSilk hair color and Mitchum anti-persipirant deodorants. International net sales increased in the Professional segment primarily due to higher net sales of Revlon Professional hair products and American Crew men’s grooming products. From a geographic perspective, the increase in international net sales was primarily driven by certain distributor markets, said Revlon.

Keep up with the story. Subscribe to the Happi free daily
newsletter

Related Breaking News