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Revlon Inc (REV)

REV on New York Consolidated

17.05USD
19 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Macandrews & Forbes sent a letter to Revlon Inc's board on Sept 15
Monday, 18 Sep 2017 04:18pm EDT 

Sept 18 (Reuters) - Revlon Inc :Macandrews & Forbes - On September 15, sent a letter to Revlon Inc's board - SEC filing.Macandrews & Forbes says in letter, presently does not intend to increase beneficial ownership above 89% of outstanding Revlon class A common stock.  Full Article

Revlon Q2 adjusted loss per share $0.46
Friday, 4 Aug 2017 07:30am EDT 

Aug 4 (Reuters) - Revlon Inc ::Revlon reports second quarter 2017 results.Q2 sales rose 32.1 percent to $645.7 million.Qtrly adjusted loss per share $0.46.Qtrly ‍reported​ loss per share $0.70.  Full Article

Revlon says CFO Juan Figuereo is retiring from company
Tuesday, 6 Jun 2017 09:00am EDT 

June 6 (Reuters) - Revlon Inc ::Revlon announces changes to chief financial officer role.Juan Figuereo, chief financial officer, is retiring from company.Chris Peterson will assume direct responsibility for CFO role, effective immediately.Revlon inc - prior to joining Revlon, Peterson served in a number of senior executive positions at Ralph Lauren corporation.  Full Article

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

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Funds target 'unknown' stocks as Wall Street cuts analyst jobs

NEW YORK With a nearly 30-percent gain in 2017, shares of industrial products maker Handy & Harman Ltd are outpacing hot stocks like Google-parent Alphabet Inc and Visa Inc. Yet few on Wall Street have ever heard of the $412-million market-cap company, in large part because no sell-side research analysts publish any estimates of its earnings.