The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
NEW YORK, United States — Revlon Inc. on Friday reported a fourth-quarter loss of $36.5 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the New York-based company said it had a loss of 70 cents. Earnings, adjusted for one-time gains and costs, came to 43 cents per share.
The beauty products maker posted revenue of $800.7 million in the period.
For the year, the company reported a loss of $21.9 million, or 42 cents per share, swinging to a loss in the period. Revenue was reported as $2.33 billion.
Revlon shares have risen 17 percent since the beginning of the year. The stock has dropped slightly more than 4 percent in the last 12 months.
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