REV Revlon Inc. featured news, full reports, and detailed charts
Revlon Inc. (REV) Wrap Up:
Revlon, Inc., through its subsidiary, Revlon Consumer Products Corporation, manufactures, markets, and sells cosmetics, women’s hair color, beauty tools, fragrances, skincare, anti-perspirants/deodorants, and other personal care products in the United States and internationally. Its cosmetics products include face makeup, such as foundation, powder, blush, and concealers; lip makeup comprising lipstick, lip gloss, and lip liner; eye makeup products consisting of mascaras, eyeliners, and eye shadows; and nail color and nail care lines, including enamels, treatments, and cuticle preparations, as well as face, eye, and lip makeup removers. The company also offers haircare and haircolor products...Revlon, Inc. (REV:NYSE)
Snapshot of Revlon, Inc. (REV)
|
OPEN
$17.08
|
PREVIOUS CLOSE
$17.31
|
|
|
DAY HIGH
$17.51
|
DAY LOW
$16.87
|
|
|
52 WEEK HIGH
11/17/09 - $17.79
|
52 WEEK LOW
03/30/09 - $2.30
|
|
|
MARKET CAP
888.0M
|
AVERAGE VOLUME 3 mo
1.3M
|
|
|
DILUTED EPS TTM
$0.91
|
SHARES OUTSTANDING
51.6M
|
|
|
REV Does Not Pay Dividends
|
P/E TTM
18.9x
|
|
| K = Thousands M = Millions B = Billions | ||
related news
REV Top Compensated Officers
Executives, Board Directors
Key developments for Revlon, Inc. (REV)
Revlon Inc. announced that its board of directors has elected Richard J. Santagati as a Director, effective October 28, 2009. Most recently served as the President of Merrimack College in Massachusetts from 1994 to 2008.
Revlon Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the third quarter, the company reported net sales of $326.2 million compared to $334.4 million, a decrease of 2.5% over the same period a year ago. Operating income was $50.3 million compared to $19.8 million a year ago. Income from continuing operations was $23.1 million, or $0.45 per diluted share, compared to a loss from continuing operations of $15.2 million, or $0.30 per diluted share. The improvement in income from continuing operations was driven primarily by improved operating income of $30.5 million. Net income was $23.1 million, or $0.45 per diluted share, compared to $29.2 million, or $0.57 per diluted share, which included income from discontinued operations of $44.4 million, or $0.87 per diluted share. Adjusted EBITDA in the third quarter of 2009 was $66.5 million compared to $42.6 million in the same period last year. Operating income, income from continuing operations, net income, and adjusted EBITDA in the third quarter of 2009 included $2.6 million, or $0.05 per diluted share, of charges related to the restructuring actions announced on May 28, 2009. Free cash flow in the third quarter of 2009 was $54.1 million compared to free cash flow of $16.9 million in the same period last year, primarily driven by improved income from continuing operations and continued improvement in working capital efficiency. Income from continuing operations before income taxes was $25.6 million against loss from continuing operations before income taxes of $12.8 million for the same period a year ago. Net sales for the first nine months of 2009 decreased 6.1% to $951.3 million, compared to net sales of $1,012.6 million in the first nine months of 2008. Excluding unfavorable foreign currency fluctuations of $42.8 million, net sales decreased by 1.8%. Operating income was $108.5 million in the first nine months of 2009, which included $21.4 million of restructuring charges and other, compared to $111.0 million in the first nine months of 2008. Adjusted EBITDA was $158.6 million in the first nine months of 2009, which included $21.4 million of restructuring charges and other, compared to $181.4 million in the same period last year. Income from continuing operations in the first nine months of 2009 was $35.7 million, or $0.69 per diluted share, which included $21.4 million, or $0.42 per diluted share, of restructuring charges and other, compared to $1.9 million, or $0.04 per diluted share, in the same period last year. Net income in the first nine months of 2009 was $36.0 million, or $0.70 per fully diluted share, which included $21.4 million, or $0.42 per diluted share, of restructuring charges, compared to $46.6 million or $0.91 per share in the first nine months of 2008. Net income in the first nine months of 2008 included income from discontinued operations of $44.7 million, or $0.87 per diluted share. Income from continuing operations before income taxes was $36.0 million against $18.7 million for the same period a year ago. Net cash provided by operating activities was $77.2 million against $43.9 million for the same period a year ago. Capital expenditure for the period was $10.9 million against $15.1 million for the same period a year ago.
Revlon Inc. provided capita expenditure guidance for the year 2009. For the year, the company expects to spend approximately $15 million on capital expenditure.
REV Competitors
| Company | Last | Change |
| Bare Escentuals Inc | $13.52 USD | -0.10 |
| Blyth Inc | $35.03 USD | -0.36 |
| Elizabeth Arden Inc | $14.78 USD | +0.05 |
| Nu Skin Enterprises Inc | $26.00 USD | +0.18 |
| Sensient Tech Corp | $25.72 USD | +0.11 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | REV | Industry Range |
| Price/Earnings | 18.9x |
|
| Price/Sales | 0.7x |
|
| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | 18.8x |
|
| TEV/Sales | NM | Not Meaningful |
|
REV |
||
REV transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent News About Revlon Inc.
More news for REV
Revlon, East West Bancorp: Biggest Price Gainers (REV, EWBC)
By MARKET DATA STAFF Revlon Inc. topped the list of Biggest Percentage Price Gainers among common stocks on the New York Stock Exchange at the close on Monday. See the full list . East West Bancorp Inc. topped the list of Biggest Percentage Price Gainers among common stocks on the Nasdaq Stock Market. See the full list . Go to Markets Data Center (WSJMarkets.com) for complete coverage. ...Click here to read the whole Article (external link)
[$$] Companies Rush to Sell Bonds Before Holiday Slowdown
BY KATE HAYWOOD Companies are on pace to sell as much as $20 billion in bonds this week, as they stock up on relatively cheap cash ahead of the traditional post-Thanksgiving holiday slowdown and in anticipation of the government winding down its stimulus programs. Clearwire Corp., Revlon Inc. and Toys 'R' Us Inc. were among the low-rated issuers lining up to sell risky junk bonds Tuesday, the same day that at least $4 billion in new investment-grade bonds were due to price. Investors absorbed over $9.7 billion of dollar-denominated corporate bonds Monday alone, according to Dealogic. That was the busiest day for corporate ......Click here to read the whole Article (external link)
Beautify Your Portfolio With This Small-Cap
The other day I was looking at vitamin stocks that are benefiting from consumer (and investor) demand for healthy living products. Trends in this segment of consumer stocks are showing that even in a high unemployment environment, people are still making sure that their well-being is a priority. Regardless of what this morning’s University of Michigan Consumer Survey says – preliminary numbers for November show that consumer sentiment dropped to 66 from October’s reading of 70.6 - it seems consumers are willing to spend money to be well, both inside and out. As an investor you can benefit too, by buying shares in those companies that are winning customers over with products that promise a better look. Check out Revlon (NYSE:REV) for instance – this $770 million market cap consumer goods company has seen shares surged 220% since October 1. The New York City based company makes, markets, and sells a range of women’s cosmetics, hair-care, beauty-care, and skin-care products. We’re not talking about a high margin business here - Revlon has a paltry 3.7% profit margin over the last twelve months. But the company is firing on all cylinders – it generated free cash flow for the first time since its IPO in 1996 and has grabbed 22.3% market share in lip makeup – good enough to put it back at number one. Revlon has grown 2009 earnings at a clip of 304% over 2008, reporting EPS of $0.45 in the third quarter. Trailing 12-month earnings are $0.92 per share – not bad for a company that analysts had expected to lose $0.47 per share in the last three quarters. At today’s price of $15.10, investor’s can by shares of Revlon at 16.5 times trailing 12-month earnings – a significant discount to large-cap competitor Estee Lauder (NYSE:EL). This stock is trading ...Click here to read the whole Article (external link)
The Big Bond Haul
Bond prices have soared, yields have plummeted, and pundits raise the specter of looming inflation, yet none of it has stopped Americans from shifting their savings into fixed-income funds. Retail investors dropped another $7.5 billion into bond mutual funds last week, according to the Investment Company Institute, and pulled $5.25 billion from domestic stock funds. It's shaping up to be a golden age for fixed-income, says David Rosenberg, chief strategist at Gluskin Sheff, in a note to clients this week. ICI data show bond funds have netted $320 billion this year, thanks to a flow of new cash every month. U.S. equity funds, by contrast, have lost $226 million in cash since the stock market began its March rally. That shift in sentiment, and the money that comes with it, have had the effect of driving down interest rates on debt and enticing companies to sell new bonds. General Electric ( GE - news - people ), Revlon ( REV - news - people ) and broadcaster Belo ( BLC - ...Click here to read the whole Article (external link)
Revlon to Present at the 2009 Citi Credit Conference
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
Halle Berry Turns Entrepreneur
When the world's largest fragrance company showed Halle Berry a prototype bottle for her debut perfume, Berry said no. The simple rectangular design failed to convey her personality. She suggested an imprint of waves on the back of the bottle--to express a connection to nature--and added rugged copper-colored rings--which resembled a bangle she was wearing at the time--to the bottle's neck."My strategy was to present something to people that was honestly me," the Academy Award-winning actress told ForbesWoman of her collaboration with Coty. "If I don't like it, my name's not on it. If I haven't been in there dibbling and dabbling, giving my opinion on things, my name's not on it."What's in a name? If your name is Halle Berry, a lot. Halle Berry's New Role Berry's first fragrance, Halle, debuted in March 2009 after two years of development--just as the economy was tanking. On March 9, the Dow tumbled to 6,547.05, marking its lowest point in more than a decade. Berry had her doubts about the timing, wondering if "now is not the time to be asking consumers ... [to] buy something else." In fact, the sudden success of Halle by Halle Berry was seen as an anomaly in the challenged beauty market: In the first half of 2009, while fragrance sales fell by 8.7%, Halle by Halle Berry debuted as the best-selling fragrance at stores including Target ( TGT - news - people ), CVS, ...Click here to read the whole Article (external link)
REVLON INC /DE/ Files SEC form 8-K, Other Events
Item 8.01. Other Events. On November 13, 2009, Revlon Consumer Products Corporation, Revlon, Inc.'s wholly-owned operating subsidiary, priced its previously-reported offering of $330 million aggregate principal amount of senior secured notes due 2015, setting the interest rate on such notes at 93/4% (the "93/4% Senior Secured Notes"). The 93/4% Senior Secured Notes will be guaranteed by Revlon, Inc. and RCPC's domestic subsidiaries, which also currently guarantee RCPC's bank term loan agreement and bank revolver agreement, and such notes and related guarantees will be secured, subject to certain exceptions, by liens on the same collateral that currently secures RCPC's bank term loan agreement on a second priority basis and liens on the same collateral that currently secures RCPC's bank revolver agreement on a third-priority basis, subject to certain exceptions. The transaction is expected to close on November 23, 2009, subject to a number of customary closing conditions. RCPC intends to use the net proceeds from the offering of the 93/4% Senior Secured Notes, together with other cash, to: (i) pay the total tender offer consideration in connection with RCPC's previously-reported cash tender offer to purchase any and all of the $340.5 million outstanding aggregate principal amount of its 91/2% Senior Notes due April 2011 (the "91/2% Senior Notes"); and (ii) pay the applicable premium and accrued interest, along with related fees and expenses, on any 91/2% Senior Notes that may be subsequently redeemed by RCPC following the tender offer. The 93/4% Senior Secured Notes and the related guarantees will be offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States in compliance with Regulation S under the Securities Act. The 93/4% Senior Secured Notes and the related guarantees will not be registered under the Securities Act, and may not be offer...Click here to read the whole Article (external link)