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Revlon Says Net Sales Jumped 35.3 Percent In 1Q 2017

May 5, 2017: 12:00 AM EST
Beauty brand Revlon, Inc., reported net sales jumped 35.3 percent to $594.9 million in the first quarter of 2017, compared with the same quarter in 2016. On a pro forma basis, however, the company's net sales dropped 5.8 percent during the period. Also, the company reported an operating loss of $42.5 million, compared with the operating income of $35.8 million in the previous year. Revlon said it suffered net loss of $37.4 million, compared with a net income of $11 million in the same quarter of 2016.
"Revlon Reports First Quarter 2017 Results", Revlon , May 05, 2017, © Revlon Consumer Products Corporation
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