Trending Breakout Stocks: Revlon - REV

Revlon has the look of a leader in the US mass-market cosmetics business, alongside L'Oréal's Maybelline and Procter & Gamble's Cover Girl. In addition to Revlon's makeup and skin care products (Revlon, Almay, and Ultima II), the firm makes fragrances (Charlie, Jean Naté) and other personal care products (Revlon ColorSilk, Mitchum). New York socialite Ron Perelman owns about 60% of Revlon -- and controls about 75% of its voting power -- through holding companies, including MacAndrews & Forbes Holdings. FMR owns about 15% of Revlon. While Perelman's involvement with Revlon has fueled his celebrity, the cosmetics maker has seen stalled revenue in recent years. Regardless, Perelman continues to fund the firm.

Recent Revlon (REV) Stock News:
Revlon (REV): A Beautiful Buy


No comments:

Post a Comment