Revlon (REV) Reports Q3 EPS Drops to $0.12

Revlon (NYSE: REV) reported Q3 EPS of $0.12, versus $0.28 reported last year. Revenue for the quarter came in at $471.5 million, versus $472.3 million reported last year.

Commenting on today’s announcement, Revlon President and Chief Executive Officer, Lorenzo Delpani, said “This quarter’s results were very strong, with Adjusted1 net sales growth of 6.8% and Adjusted1 EBITDA growth of 8.7%, excluding the impact of foreign currency adjustments (“XFX”). During this quarter, we saw significant growth in Consumer segment net sales and segment profit as a result of the continued execution of our Strategy of Value Creation, both in the U.S. and internationally. The 8.7% Adjusted EBITDA growth was achieved despite an incremental $4.7 million of brand support investment in the quarter. In the first nine months of 2015 we have been in investment mode, with an incremental $35.8 million of brand support versus prior year. This confirms our commitment toward the growth of our brands and we are pleased with the results.”

For earnings history and earnings-related data on Revlon (REV) click here.

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