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Revlon Inc (REV.N)

REV.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Revlon names Serge Jureidini as president, Elizabeth Arden & Fragrances
Tuesday, 14 Mar 2017 09:30am EDT 

Revlon Inc : Revlon, Inc. announces the appointment of Serge Jureidini as president, Elizabeth Arden & Fragrances .Jureidini will succeed both Jue Wong, president, Elizabeth Arden, who has decided to leave co, and George Cleary, President Fragrances.  Full Article

Revlon Q4 adjusted earnings per share $0.43
Friday, 3 Mar 2017 07:55am EST 

Revlon Inc : Revlon reports 2016 net sales growth across all segments; raises and accelerates acquisition synergy estimates . Revlon says in 2016, co has incurred EA integration restructuring charges of $34.5 million and Elizabeth Arden acquisition and integration costs of $40.7 million . Revlon says as a result of Elizabeth Arden integration program co has identified increased annualized synergies and cost reductions of about $190 million . Revlon says "$190 million of expected annualized synergies and cost reductions are expected to be generated over a multi-year period" . Revlon says in connection with implementing EA integration restructuring program, co expects to recognize about $65 million - $75 million of total pre-tax restructuring charges . Qtrly loss per share $0.70 . Revlon says for 2016, company realized about $3 million of cost-reductions, which primarily benefited Elizabeth Arden segment results . Revlon says qtrly total net sales as reported of $800.7 million versus $521.9 million . Revlon says recognized $23.4 million in non-cash impairment charges attributable to its other segment during q4 of 2016. . Revlon says on an adjusted basis, net income was $22.7 million in Q4 of 2016, compared to $64.9 million in Q4 of 2015 . Revlon says in 2016, co incurred EA integration restructuring charges of $34.5 million and elizabeth arden acquisition and integration costs of $40.7 million.  Full Article

Revlon unveils a new structure designed to drive global growth
Tuesday, 17 Jan 2017 09:00am EST 

Revlon Inc : Revlon unveils a new structure designed to drive global growth .Revlon - will organize to new brand-centric structure, built around four global brand teams, Revlon, Elizabeth Arden, fragrances and portfolio brands.  Full Article

Revlon says expects to eliminate about 350 positions worldwide - SEC filing
Tuesday, 3 Jan 2017 10:30am EST 

Revlon Inc - : Company expects to eliminate approximately 350 positions worldwide . Revlon Inc - Expects to recognize approximately $65 million to $75 million of total pre-tax restructuring and related charges . Revlon Inc- Company expects that it will record for 2016 an estimated pre-tax restructuring charge of approximately $30 million . Revlon Inc - Expects that all of integration restructuring charges will be paid in cash . Revlon Inc - "Is continuing to evaluate related to integrating Elizabeth Arden organization into company's business" . Revlon - Has identified incremental annualized synergies, cost reductions expected to exceed previously-disclosed $140 million estimate - SEC filing .Revlon -Anticipates to incur significant integration-related capital expenditures,non-restructuring integration costs related to restructuring actions.  Full Article

Revlon reports third quarter 2016 results
Friday, 4 Nov 2016 07:30am EDT 

Revlon Inc : Revlon reports third quarter 2016 results . Qtrly loss per share $0.09 . Qtrly adjusted earnings per share $0.63 .Q3 sales rose 1 percent to $745.1 million.  Full Article

Elizabeth Arden posts Q4 adjusted loss per share $0.58
Wednesday, 10 Aug 2016 04:01pm EDT 

Elizabeth Arden Inc : Elizabeth Arden Inc announces fourth quarter and fiscal year end 2016 results . Q4 GAAP loss per share $0.79 . Q4 adjusted loss per share $0.58 . Q4 sales rose 9.8 percent to $192.7 million . Q4 earnings per share view $-0.78, revenue view $193.8 million -- Thomson Reuters I/B/E/S .Merger with a subsidiary of Revlon Inc announced on June 16, 2016, is still expected to close in 2016.  Full Article

Revlon reports quarterly adjusted earnings of $0.28/share
Friday, 29 Jul 2016 07:36am EDT 

Revlon Inc : Q2 adjusted earnings per share $0.28 . Q2 earnings per share $0.16 . Q2 sales rose 1.3 percent to $488.9 million . "Regarding funding for Elizabeth Arden acquisition, company received a very strong and positive reaction from debt markets" . Says has secured total financing commitments of about $2.7 billion, with favorable terms for the Elizabeth Arden deal .Revlon Inc says is on a growth trajectory to achieve its planned net sales and earnings for 2016.  Full Article

Revlon increases amount of notes offered from $400 mln to $450 mln
Friday, 22 Jul 2016 06:45am EDT 

Revlon Inc : Increasing aggregate principal amount of notes offered from $400 million to $450 million .Revlon announces pricing of $450 million 6.25 pct senior notes due 2024.  Full Article

Revlon announces proposed notes offering
Tuesday, 19 Jul 2016 03:18pm EDT 

Revlon Inc : Revlon inc says its unit is proposing to issue $400 million aggregate principal amount of senior unsecured notes due 2024 . Net proceeds of notes will be held in escrow until satisfaction of various customary conditions . Revlon announces proposed notes offering .Says notes are being issued to finance, in part, company's pending acquisition of Elizabeth Arden, Inc.  Full Article

Revlon presentation - expects total costs of about $60 mln to realize synergies from Elizabeth Arden deal
Monday, 11 Jul 2016 08:30am EDT 

Revlon Inc : Presentation- expects total costs of about $60 million over 4 yrs to realize synergies from deal . Presentation- expects total capital investments of about $70 million over 3 yrs after Elizabeth Arden deal Further company coverage: [REV.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

More From Around the Web

BRIEF-Revlon names Serge Jureidini as president, Elizabeth Arden & Fragrances

* Revlon, Inc. announces the appointment of Serge Jureidini as president, Elizabeth Arden & Fragrances