"One Quarter Doesn't Make A Trend," Says Revlon Of U.S. Sales Gain
This article was originally published in The Rose Sheet
Executive Summary
During a Feb. 17 earnings call, analysts expressed frustration over what they perceived as a lack of visibility into Revlon's fourth-quarter sales performance in the U.S.
You may also be interested in...
Sales & Earnings In Brief
Colgate restages Total: Colgate Total is being re-launched with upgraded packaging featuring "improved graphics and a newly designed stand-up cap," Colgate-Palmolive announces during Oct. 28 third quarter earnings call. The relaunch will be "heavily" supported with a new integrated marketing campaign as well as "new communications to dental professionals, both focused on highlighting the clinically proven, 12-hour antibacterial protection" of Colgate Total, the firm said. Net sales in North America advanced 1.7% in the quarter to $753 mil. Company noted that product launches across price tiers - including Colgate Triple Action, Colgate Sensitive MultiProtection and Colgate Max White with Mini Bright Strips toothpastes - are contributing to growth in oral care. Beyond oral care, new products performing well include Softsoap Sea Minerals hand soap and Speed Stick and Lady Speed Stick stain guard antiperspirants. Colgate's net sales for the quarter fell 1.5% to $3.94 bil., and profit rose 4.9% to $619 mil., reflecting cost-savings efforts
Unilever’s Dove Recommits To ‘Real Women’ Against Rising AI Threat
Unilever PLC’s Dove and Baby Dove brands continue tackling prominent social causes with a vow to be responsible about representing women realistically in advertising in the age of AI and a renewed commitment to closing the Black maternal care gap.
L’Oreal Joins J&J And Major Retailers Defending Benzene Class Actions In Federal Courts
Benzoyl peroxide-based acne drug products and their alleged proclivity to become contaminated with carcinogenic benzene are at the center of putative class actions filing against L’Oreal in federal courts around the US.