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CFOs On the Move: Week Ending May 20
One Concern, LaunchDarkly, Volvo Trucks, Ulteig, Foursquare, Onto Innovation, Truist, Hydrow, Myers Industries, Evolv Technology
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Lauren Muskett
| May 20, 2022
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Financial Performance
Avon Stock Dives on ‘Unsatisfactory’ Results
The beauty company's new CEO says it is implementing "near-term fixes" and "moving with deliberate urgency to design our turnaround plan."
By
Matthew Heller
| May 3, 2018
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Financial Performance
Revlon Earnings Hit by Weak U.S. Retail Sales
The company posted “continuing declines across several beauty categories within the U.S. mass retail channel" in Q4.
By
Matthew Heller
| March 16, 2018
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Credit
S&P Lowers Revlon Credit Rating to ‘CCC+’
"We believe Revlon will face difficulties to meaningfully improve its credit metrics during fiscal 2018," the rating agency says.
By
Matthew Heller
| February 8, 2018
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Strategy
Coty to Buy Online Seller Younique for $600M
The deal opens up a new beauty products distribution channel for Coty as it seeks to reduce its dependence on fragrances.
By
Matthew Heller
| January 11, 2017
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Turnarounds
Burberry Restructuring Costs Hit Pretax Profit
The U.K. luxury goods company is pursuing a turnaround plan focused on cutting $124 million in costs and streamlining its product range.
By
Matthew Heller
| November 10, 2016
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Turnarounds
Avon Stock Surges 15% on Q2 Earnings Beat
The beauty products company posted EPS of 7 cents and $1.43 billion in revenue as it continued to execute a turnaround plan.
By
Matthew Heller
| August 2, 2016
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Strategy
Revlon to Acquire Elizabeth Arden for $870M
Elizabeth Arden's luxury skincare brands and celebrity fragrances could complement Revlon's strength in hair color and color cosmetics.
By
Katie Kuehner-Hebert
| June 17, 2016
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Strategy
Revlon Swings to Profit on ‘Solid Start’ to 2016
Topline net sales increased by 3.6% in the first quarter, with growth in the international consumer and U.S. professional segments especially strong.
By
Katie Kuehner-Hebert
| May 6, 2016
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