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Revlon Inc (REV)

REV on New York Consolidated

18.90USD
26 May 2017
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$-0.15 (-0.79%)
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Latest Key Developments (Source: Significant Developments)

Revlon reports qtrly loss per share of $0.71
Friday, 5 May 2017 07:35am EDT 

May 5 (Reuters) - Revlon Inc : :Revlon reports first quarter 2017 results.Q1 sales rose 35.3 percent to $594.9 million.Qtrly loss per share $0.71; Qtrly adjusted loss per share $0.23.Now expects to realize between $50 million to $60 million of synergies and cost reductions in 2017.Says company's performance for Q1 of 2017 was adversely impacted by net sales declines in North America across all segments.Continues to estimate annual recurring synergies and cost reductions of approximately $190 million in connection with Elizabeth Arden integration.In connection with Elizabeth Arden integration, expects to recognize about $65 million-$75 million of total pre-tax restructuring and related charges.  Full Article

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

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Latest victim of retail downturn, Revlon tumbles 23 percent

SAN FRANCISCO Shares of Revlon slumped 23 percent on Friday and were headed for their biggest one-day drop since the financial crisis after the cosmetics company said declining mall traffic hurt its quarterly sales.