REVLON REVS INVESTORS WITH EARNINGS SURPRISE, CONTINUED MARKET LEADERSHIP BACKED BY PRODUCT INNOVATION, HEAVY ADVERTISING; STOCK CLIMBS 14.3% TO 31 IN THIRD QUARTER
This article was originally published in The Rose Sheet
Executive Summary
Revlon, with an improved bottom line and a broadened share of the color cosmetics market, is convincing Doubting Thomases that it is more than viable as a publicly traded firm. Revlon stock climbed 3-7/8 (up 14.3%) to close the third quarter at 31.