Revlon (REV) Reports Q1 Loss of $0.71

Revlon (NYSE: REV) reported Q1 EPS of ($0.71), versus $0.21 reported last year. Revenue for the quarter came in at $594.4 million, versus $439.6 million reported last year.

Commenting on today’s announcement, Revlon President and Chief Executive Officer, Mr. Fabian Garcia said, “While we are disappointed with our U.S. results, our brands continue to achieve strong international net sales growth across all segments and despite the U.S. retail environment, our iconic beauty brands have demonstrated resilience and have maintained market share in the U.S.” Mr. Garcia added, “We remain committed to our long-term strategy to restore brand growth in the U.S. by enhancing our brands’ relevance with differentiated innovation, elevating in-store and online experiences and digital-first engagements, and building our presence in fast growing channels, as well as accelerating our international expansion, with a focus on Asia and Latin America.”

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

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