11.04.16
Revlon, Inc. posted results for the third quarter ended September 30, 2016. In other news, the company completed its acquisition of Elizabeth Arden, Inc. on Sept. 7, 2016. Elizabeth Arden's results have been included in the company's financial results beginning as of the acquisition date. Total company net sales soared 28.3% to $604.8 million in the third quarter of 2016.
Commenting on today's announcement, Revlon President and Chief Executive Officer Fabian Garcia said "Reporting as a combined organization for the first time since completing the Elizabeth Arden acquisition, we are pleased to share that the total company has continued its growth trajectory through the third quarter … all four of our reporting segments, Consumer, Professional, Elizabeth Arden and our Other segment, delivered XFX net sales growth in the quarter, with Elizabeth Arden and the Professional businesses realizing increases in both of the North America and International regions."
Commenting on today's announcement, Revlon President and Chief Executive Officer Fabian Garcia said "Reporting as a combined organization for the first time since completing the Elizabeth Arden acquisition, we are pleased to share that the total company has continued its growth trajectory through the third quarter … all four of our reporting segments, Consumer, Professional, Elizabeth Arden and our Other segment, delivered XFX net sales growth in the quarter, with Elizabeth Arden and the Professional businesses realizing increases in both of the North America and International regions."
