Revlon Reports Third Quarter 2019 Results
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Revlon (REV) Reports Q3 Loss of $0.71, Revenues Miss
November 8, 2019 7:32 AM ESTRevlon (NYSE: REV) reported Q3 EPS of ($0.71), versus $0.14 reported last year. Revenue for the quarter came in at $596.8 million versus the consensus estimate of $641.9 million.
Quarter ended September 30, 2019 summary developments:1
As Reported net sales were $596.8 million in the third quarter of 2019, compared to $655.4 million during the prior-year period, a decline of 8.9%. On a constant currency basis, net sales decreased 7.1% driven primarily by net sales declines in the Portfolio and Revlon segments, partially offset by net sales growth in the Elizabeth Arden segment. Revlon segment net... More