Revlon (REV) Reports Q2 Loss of $1.54, Revenues Miss
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Revlon Reports Second Quarter 2018 Results
August 9, 2018 7:00 AM EDTNEW YORK--(BUSINESS WIRE)-- Revlon, Inc. (NYSE: REV) today announced its results for the quarter ended June 30, 2018.
Quarter ended June 30, 2018 summary developments:1
As Reported net sales were $606.8 million in the second quarter of 2018, compared to $645.7 million during the prior-year period. The change in net sales was primarily driven by approximately $30 million in net sales declines related to the Oxford, N.C. SAP service level disruptions impacting the Revlon and Portfolio segments, predominantly in the international market; and also the loss of certain licenses in 2018 in the Fragrance segment.... More