Revlon Reports First Quarter 2011 Results

Revlon REV today announced results for the first quarter ended March 31, 2011. First quarter 2011 results compared to first quarter 2010: Net sales of $333.2 million compared to $305.5 million, an increase of 9.1%. Excluding the favorable impact of foreign currency fluctuations of $6.2 million, first quarter 2011 net sales increased 7.0%. Operating income of $44.7 million compared to $45.4 million. Net income of $10.4 million, or $0.20 per diluted share, compared to $2.2 million, or $0.04 per diluted share. Net income in the first quarter of 2010 included $9.7 million of expenses associated with refinancing the Company's credit facilities