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Revlon's Net Sales Rise for Q2 2012

Posted: July 31, 2012

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Revlon’s net sales in the first six months of 2012 were $687.8 million, compared to net sales of $684.4 million in the first six months of 2011. Excluding unfavorable foreign currency fluctuations of $13 million, net sales increased $16.4 million, or 2.4%.

In the United States, net sales increased 2% to $388.6 million in the first six months of 2012, compared to net sales of $381.1 million in the first six months of 2011.

In Asia-Pacific, net sales in the first six months of 2012 were $111.9 million compared to $111.6 million in the same period last year. Excluding the favorable impact of foreign currency fluctuations, net sales were essentially unchanged.

In Europe, Middle East and Africa, net sales in the first six months of 2012 were $90.2 million, a decrease of $11.5 million, or 11.3%, compared to $101.7 million in the same period last year. Excluding the unfavorable impact of foreign currency fluctuations, net sales decreased $2.6 million, or 2.6%.

In Latin America, net sales in the first six months of 2012 were $58.6 million, an increase of $5.3 million, or 9.9%, compared to $53.3 million in the same period last year. Excluding the unfavorable impact of foreign currency fluctuations, net sales increased $9.0 million, or 16.9%.

In Canada, net sales in the first six months of 2012 were $38.5 million, an increase of $1.8 million, or 4.9%, compared to $36.7 million in the same period last year. Excluding the unfavorable impact of foreign currency fluctuations, net sales increased $3.0 million, or 8.2%.