Revlon (REV) Reports Q2 EPS of $0.49
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Revenue Growth %: -100.0%
Financial Fact:
Miscellaneous, net: -600K
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Revlon (NYSE: REV) reported Q2 EPS of $0.49, versus $0.34 reported last year. Revenue for the quarter came in at $482.4 million, versus $497.9 million reported last year.
Commenting on today’s announcement, Revlon President and Chief Executive Officer, Lorenzo Delpani, said “This quarter was strong, with Adjusted1 net sales growth of 4.7% and Adjusted1 EBITDA growth of 6.5%, measured on an XFX basis and adjusted for comparability. During this quarter, we completed our acquisition of the CBBeauty Group and exited our business operations in Venezuela, moving to a distributor model. We also continued to execute our Strategy of Value Creation, investing $14.7 million of planned incremental brand support in the second quarter of 2015. The 6.5% Adjusted EBITDA growth includes this incremental brand support investment.”
For earnings history and earnings-related data on Revlon (REV) click here.
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