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Revlon Reports 1Q Loss

Revlon Inc. on Thursday reported a first-quarter loss of $900,000, after reporting a profit in the same period a year earlier.
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  • Associated Press

NEW YORK, United States — Revlon Inc. on Thursday reported a first-quarter loss of $900,000, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of 2 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 5 cents per share.

The beauty products maker posted revenue of $438.5 million in the period.

Revlon shares have increased 14 percent since the beginning of the year. The stock has climbed 33 percent in the last 12 months.

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