05.06.16
Revlon, Inc. posted results for the first quarter ended March 31, 2016. Net sales stayed almost flat at 0.3% to $439.6 million.
Revlon President and Chief Executive Officer Fabian Garcia, said “I am excited to have joined Revlon during a period of renewed growth and innovation. The company began 2016 with a solid start, growing top line net sales by 3.6% on an XFX basis. Growth in international consumer and US professional net sales was especially strong at 7.5%, on an XFX basis, and 10.3%, respectively. While US consumer net sales decreased slightly by 0.5%, consumption remained strong and we gained share during the quarter. We will continue to execute our value creation strategy with a strong focus on innovation, driving the company to even greater success.”
Revlon President and Chief Executive Officer Fabian Garcia, said “I am excited to have joined Revlon during a period of renewed growth and innovation. The company began 2016 with a solid start, growing top line net sales by 3.6% on an XFX basis. Growth in international consumer and US professional net sales was especially strong at 7.5%, on an XFX basis, and 10.3%, respectively. While US consumer net sales decreased slightly by 0.5%, consumption remained strong and we gained share during the quarter. We will continue to execute our value creation strategy with a strong focus on innovation, driving the company to even greater success.”
