REVLON FIRST QUARTER NORTH AMERICA SALES FLAT AT $202.6 MIL.
This article was originally published in The Rose Sheet
Executive Summary
REVLON FIRST QUARTER NORTH AMERICA SALES FLAT AT $202.6 MIL., compared to $201.7 mil. in the first quarter of 1993, the company reported in a recent filing with the Securities and Exchange Commission. Revlon noted that during the quarter, the company's North American business, which includes the U.S. and Canada, benefited from "improved consumer acceptance of new product offerings, an improved dollar share of the core color cosmetics business in the U.S. self-select distribution channel and general improvement in domestic consumer demand in the markets" served by the firm. However, the advances were offset by retailers' "continued" efforts to reduce inventories and the effects of bad weather conditions, Revlon said.