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Hoover's Online Report BuilderRevlon, Inc. (NYSE: REV)

Copyright 2004, Hoover's, Inc.

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Table of ContentsThe Basics...............................................................................................................................................................................1

Key Numbers.............................................................................................................................................................1Financial Overview....................................................................................................................................................1Officers & Employees................................................................................................................................................1Board Members..........................................................................................................................................................3Industry Information..................................................................................................................................................3SIC Codes...................................................................................................................................................................3NAICS Codes.............................................................................................................................................................3Top Competitors.........................................................................................................................................................4All Competitors..........................................................................................................................................................4Subsidiaries/Affiliates Covered By Hoover's Online.................................................................................................4

Biographies............................................................................................................................................................................5 Ronald O. (Ron) Perelman, Age 60..........................................................................................................................5 Jack L. Stahl, Age 50................................................................................................................................................5 Paul E. Shapiro, Age 62............................................................................................................................................6 Rochelle Udell...........................................................................................................................................................6 Thomas E. McGuire, Age 49....................................................................................................................................7 Stephanie Klein Peponis, Age 36..............................................................................................................................7 David L. Kennedy.....................................................................................................................................................7 Douglas H. Greeff, Age 47.......................................................................................................................................8 Carl K. Kooyoomjian, Age 55..................................................................................................................................8 John F. Matsen Jr......................................................................................................................................................9 Graeme Howard........................................................................................................................................................9 Catherine Fisher........................................................................................................................................................9 Steven F. Schiffman................................................................................................................................................10 Pamela Vaile...........................................................................................................................................................10 Joseph Squicciarino.................................................................................................................................................11 Maria A. Sceppaguercio..........................................................................................................................................11 Elizabeth Kenny......................................................................................................................................................11 Chris Elshaw...........................................................................................................................................................12 Alan S. Bernikow, Age 63......................................................................................................................................12 Donald G. Drapkin, Age 55....................................................................................................................................12 Meyer Feldberg, Age 61.........................................................................................................................................13 Howard Gittis, Age 69............................................................................................................................................13 Edward J. Landau, Age 73......................................................................................................................................14 Linda Gosden Robinson, Age 50............................................................................................................................14 Terry S. Semel, Age 60...........................................................................................................................................14 Martha Stewart, Age 63..........................................................................................................................................15

Overview..............................................................................................................................................................................16

History..................................................................................................................................................................................17

Products/Operations...........................................................................................................................................................18

Other Resources Available On Hoover's Online..............................................................................................................20Other Resources.......................................................................................................................................................20Related Products From Our Trusted Partners..........................................................................................................20

Report Builder − Revlon, Inc. − Hoover's Online

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Table of ContentsAnnual Financials................................................................................................................................................................21

Quarterly Financials...........................................................................................................................................................23

Historical Financials & Employees....................................................................................................................................26

Market Data.........................................................................................................................................................................28

Comparison Data.................................................................................................................................................................29

Competitive Landscape.......................................................................................................................................................31

Report Builder − Revlon, Inc. − Hoover's Online

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The Basics

237 Park Ave.New York, NY 10017 (Map)http://www.revloninc.com/

Phone: 212−527−4000Fax: 212−527−4995Toll Free: 800−473−8566

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 firmmakes fragrances (Charlie) and personal care products (Flex hair care, Mitchum deodorant). New York socialite RonPerelman owns 83% of Revlon −− and controls 97% of its voting power −− through holding companies, includingMacAndrews & Forbes Holdings. Although Perelman's involvement with Revlon has fueled his celebrity status, in 1999he put the heavily indebted cosmetics company up for sale before opting to sell only minor parts of it.

Key Numbers

Company Type Public (NYSE: REV)

Fiscal Year−End December

2003 Sales (mil.) $1,299.3

1−Year Sales Growth 16.1%

2003 Net Income (mil.) ($153.8)

2003 Employees 6,100

1−Year Employee Growth 1.7%

Auditor KPMG LLP

Financial Overview

Last Close 2−Mar−2004 $3.55

52−Week High $3.93

52−Week Low $2.05

Basic EPS ($2.47)

Price/Earnings Ratio −−

Current Ratio 0.93

R&D Expenditures (mil.) 25.40

Ad Expenditures (mil.) −−

% Owned by Institutions 11.90%

Officers & Employees

Title Name Age Salary Bonus

Chairman Ronald O. (Ron) Perelman 60

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President, CEO, and Director Jack L. Stahl 50 $1,300,000

EVP and Chief AdministrativeOfficer

Paul E. Shapiro 62 $500,000

EVP and Chief Creative Officer Rochelle Udell

EVP and Chief Financial Officer Thomas E. McGuire 49 $182,692(partial−year salary)

EVP and Chief Financial Officer,Revlon Consumer Products USA

Edward F. Skeffington

EVP and Chief MarketingOfficer

Stephanie Klein Peponis 36

EVP and President, RevlonInternational

David L. Kennedy

EVP, Chief Legal Counsel, andSecretary

Robert K. Kretzman III

EVP, Human Resources Herbert Vallier

EVP, North American Sales Paul Murphy

EVP, Research and DevelopmentNeil Scancarella

EVP, Strategic Finance Douglas H. Greeff 47 $884,833 $190,720

EVP, Technical Affairs andWorldwide Operations

Carl K. Kooyoomjian 55

SVP and Chief ProcurementOfficer

William Reis

SVP and Corporate Controller John F. Matsen Jr.

SVP and General Tax Counsel Stanley B. Dessen

SVP and Managing Director,Australasia and Asia Pacific

Graeme Howard

SVP, Corporate Communications Catherine Fisher

SVP, Finance and Treasury Steven F. Schiffman

SVP, Global ProductDevelopment

Pamela Vaile

SVP, International ChiefFinancial Officer

Joseph Squicciarino

SVP, Investor Relations Maria A. Sceppaguercio

SVP, Portfolio Brands Elizabeth Kenny

VP, Customer Marketing Michelle Legacy

VP, Customer Marketing,Supermarket/Emerging BusinessChannels

David Gugino

VP, Latin America North Michael von Schram

VP, Latin America South Luiz Sambo


















VP, Marketing, Almay Kevin Wells

Managing Director, Europe Chris Elshaw

President, Latin AmericanRegion and General Manager,Revlon S.A. de C.V.

Javier Gonzalez

Director of Marketing, ColorStay Jim Klosterman

Product Development Tara Cohen

Board Members

Title Name Age

Chairman Ronald O. (Ron) Perelman 60

President, CEO, and Director Jack L. Stahl 50

Director Alan S. Bernikow 63

Director Donald G. Drapkin 55

Director Prof Meyer Feldberg 61

Director Howard Gittis 69

Director Edward J. Landau 73

Director Linda Gosden Robinson 50

Director Terry S. Semel 60

Director Martha Stewart 63

Industry Information

Consumer Products ManufacturersPersonal Care Products (primary)

Cosmetics & Skin Care◊ Fragrance◊

♦ •

PharmaceuticalsPharmaceuticals Manufacturers

Vitamins, Nutritionals & Other Health−Related Products◊ ♦

•

SIC Codes

2834 Pharmaceutical preparations

2844 Toilet preparations

NAICS Codes

32541 Pharmaceutical and Medicine Manufacturing

325412 Pharmaceutical Preparation Manufacturing

325620 Toilet Preparation Manufacturing

446120 Cosmetics, Beauty Supplies, and Perfume Stores













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Top Competitors

L'Oréal• Procter & Gamble• Unilever NV•

All Competitors

Alberto−Culver• Alticor• Avon• Beiersdorf• Body Shop• Bristol−Myers Squibb• Colgate−Palmolive• Coty• Estée Lauder• Intimate Brands• Joh. A. Benckiser• John Paul Mitchell• Johnson & Johnson• L'Oréal• Mary Kay• Nu Skin• Orly International• Procter & Gamble• Shiseido• Tevco, Inc.• Unilever NV•

Subsidiaries/Affiliates Covered By Hoover's Online

Revlon International Corporation•


























Biographies

Ronald O. (Ron) Perelman, Age 60

Chairman

Other Company Affiliations

Company Title Salary Bonus

MacAndrews & Forbes Holdings Inc. Chairman and CEO

M&F Worldwide Corp. Director

Panavision Inc. Co−Chairman and CEO

REV Holdings LLC Chairman, CEO, Manager

Scientific Games Corporation DirectorBiography

Mr. Perelman has been Chairman of the Board of Directors of the Company and Products Corporation since June 1998and a Director of the Company and of Products Corporation since their respective formations in 1992. Mr. Perelman hasbeen Chairman of the Board of Managers, Manager and Chief Executive Officer of REV Holdings, which files reportspursuant to the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), since December 2002. He wasChief Executive Officer of REV Holdings Inc. since 1997 and Chairman of its Board of Directors from 1993 throughDecember 2002. Mr. Perelman has been Chairman of the Board and Chief Executive Officer of MacAndrews & Forbesand various of its affiliates since 1980. Mr. Perelman is also Chairman of the Executive Committee of the Board ofDirectors of M&F Worldwide Corp. ("M&F Worldwide") and Chairman of the Board of Directors of Panavision Inc.("Panavision"). Mr. Perelman is also a Director of the following companies which file reports pursuant to the ExchangeAct: Scientific Games Corporation ("Scientific Games"), M&F Worldwide and Panavision.

Source: 10K, February 20, 2004

Jack L. Stahl, Age 50

President, CEO, and Director, $1,300,000 salary

Recent Work Highlights

Revlon, Inc.2002: President, CEO, and Director, $1,125,000 salary, $1,300,000 bonus♦

•

Biography

Mr. Stahl has been President and Chief Executive Officer of the Company and Products Corporation since February 2002and a Director of the Company and Products Corporation since March 2002. Mr. Stahl served as President and ChiefOperating Officer of The Coca−Cola Company ("Coca−Cola") from February 2000 to March 2001. Prior to that, Mr.Stahl held various senior executive positions at Coca−Cola where he began his career in 1979. Mr. Stahl is also a Directorof the Cosmetic, Toiletry, and Fragrance Association and the United Negro College Fund.








Paul E. Shapiro, Age 62

EVP and Chief Administrative Officer, $500,000 salary



Toll Brothers, Inc. DirectorRecent Work Highlights

Revlon, Inc.2002: EVP and Chief Administrative Officer, $500,000 salary, $225,000 bonus♦ 2001: EVP and Chief Administrative Officer, $207,692 salary, $500,000 bonus♦

•

Biography

Mr. Shapiro was Executive Vice President and Chief Administrative Officer of the Company from August 2001 and ofProducts Corporation from September 2001, in each case until he retired from the Company on December 31, 2003. FromJune 1998 until July 2001, he was Executive Vice President and Chief Administrative Officer of Sunbeam Corporation("Sunbeam") and The Coleman Company, Inc. ("Coleman"). Mr. Shapiro served as a Director of Coleman from June1998 until July 2001. Mr. Shapiro previously held the position of Executive Vice President of Coleman from July 1997until its acquisition by Sunbeam in March 1998. Mr. Shapiro is a member of the Board of Directors and serves on theAudit Committee of Toll Brothers, Inc., which files reports pursuant to the Exchange Act.


Rochelle Udell

EVP and Chief Creative Officer


Revlon, Inc.Title held until 2003: EVP, Creative Development and Design♦

•

Biography

Rochelle Udell was Executive Vice President, Creative Development and Design. Ms. Udell joined Revlon from FairchildPublications where she was President, Fairchild Internet, leading the company's internet strategy and launch ofWWD.com. Prior to joining Fairchild Publications, she worked with The Limited, Inc. serving as Senior Vice President,Brand Development. Prior to joining The Limited, Inc. she had an illustrious fifteen year career at Conde NastPublications, Inc., most recently serving as Editor−In−Chief for SELF magazine. Her diverse career includes serving asCreative Director for House & Garden and GQ, Art Director for Vogue, Esquire and Harper's Bazaar, Founder andCreative Director for CRK Advertising, Calvin Klein, Inc. and Creative Director for Della Femina, Travisano & Partners.

Source: Company Press Release, January 14, 2002



Thomas E. McGuire, Age 49

EVP and Chief Financial Officer, $182,692 salary (partial−year salary)

Biography

Mr. McGuire has been Executive Vice President and Chief Financial Officer of the Company and Products Corporationsince August 2003. Mr. McGuire was the Founder and Chief Executive Officer of Human Capital Formation, LLC fromAugust 2001 until August 2003. Mr. McGuire was the Chief Operating Officer of Zyman Marketing Group from July2000 until May 2001. From March 1982 until June 2000, Mr. McGuire held various professional staff and senior financialexecutive positions at Coca−Cola.


Stephanie Klein Peponis, Age 36

EVP and Chief Marketing Officer

Biography

Effective September 2003 Stephanie Klein Peponis succeeded Ms. Leipman−Yale as Executive Vice President, ChiefMarketing Officer. She joined Revlon's leadership team in June of 2003 as Executive Vice President, Chief Planning andBusiness Development Officer. Ms. Peponis is responsible for supporting the ongoing development and refinement of thecompany's business strategy. She facilitates the company's planning processes, oversees market research and analysis andevaluates additional opportunities for profitable growth. She reports to Jack Stahl. Ms. Peponis joined the BostonConsulting Group in 1992, most recently as Vice President and Director in the New York office. During her tenure, sheworked on a wide range of assignments for leading consumer goods companies focused on strategy and growth, mostrecently at Revlon. In 1997, she spent a year as Vice President of Strategic Planning and Business Development at ToysR' Us. Prior to joining the Boston Consulting Group, she worked as a Financial Analyst at Morgan Stanley in corporatefinance and capital markets. She has an AB in quantitative economics from Stanford University and an MBA fromHarvard Business School.

Source: Company Press Release, September 24, 2003

David L. Kennedy

EVP and President, Revlon International



Revlon International Corporation PresidentBiography

Mr. Kennedy spent over twenty years with Coca−Cola, working in increasingly senior positions. He was most recentlyManaging Director of Coca−Cola Amatil Limited, headquartered in Sydney, Australia. During this period, Coca−ColaAmatil operated in seven countries: Australia, New Zealand, South Korea, Indonesia, Papua New Guinea, Fiji and



Philippines. Under his leadership, Coca−Cola Amatil's ongoing business achieved over 11% annual average compoundedvolume growth with improved profits and cash flow. In 1992, he became General Manager of the Coca−Cola USAFountain Division of The Coca−Cola Company. Prior to his General Manager appointment, he served as Vice President ofCorporate Business Development from 1988 through 1991. Mr. Kennedy began his career with Ernst & Young in 1972.He has served on the Board of Directors of the Philadelphia Coca−Cola Bottling Company and the Board of TheCoca−Cola Bottling Co. Consolidated, the second largest bottling company in the U.S.

Source: Company Press Release,

Douglas H. Greeff, Age 47

EVP, Strategic Finance, $884,833 salary, $190,720 bonus


Revlon, Inc.2002: EVP and CFO, $811,365 salary, $600,960 bonus♦ 2001: EVP and CFO, $731,375 salary, $511,200 bonus♦

•

Biography

Mr. Greeff has been Executive Vice President − Strategic Finance of the Company and Products Corporation sinceAugust 2003. He had been Executive Vice President and Chief Financial Officer of the Company and ProductsCorporation from May 2000 until August 2003. From September 1998 to May 2000, Mr. Greeff was Managing Director,Fixed Income Global Loans, and Co−head of Leverage Finance at Salomon Smith Barney Inc. From January 1994 untilAugust 1998, he was Managing Director, Global Loans and Head of Leverage and Acquisition Finance at Citibank N.A.


Carl K. Kooyoomjian, Age 55

EVP, Technical Affairs and Worldwide Operations



Pacer International, Inc. Vice Chairman $400,916Recent Work Highlights

Pacer International, Inc.Title held until 2002: Chairman and CEO, Global Logistics Division♦

•

Biography

Mr. Kooyoomjian heads global operations and the research and development organization. He reports to Jack Stahl,President and Chief Executive Officer. Mr. Kooyoomjian is an accomplished executive with a career that spans over threedecades. He joins Revlon from Pacer International, a logistics company, where he most recently served as Vice Chairman.In 2001, he joined Pacer Global Logistics, the retail division of Pacer International, as Chairman and Chief Executive




Officer. In this role, he led the integration of twelve separate companies into one company, refining their operating modeland developing key business strategies to position the company as a market leader in the transportation and serviceindustry. Prior to joining Pacer, he was Corporate Vice President and Director for Commercial Products Supply andManufacturing for The Coca−Cola Company. In this position, he was responsible for the worldwide operations ofCoca−Cola concentrate plants. Mr. Kooyoomjian joined Coca−Cola in 1995 and held a variety of management positionsincluding President of The Coca−Cola Trading Company and Director of Global Product Procurement and Trading. Hespearheaded an effort to drive collaborative supply management across the Coca−Cola business system. Before joiningCoca−Cola, he enjoyed a 23−year career with the Digital Equipment Corporation. During his tenure, he progressedthrough a series of senior executive positions in manufacturing, logistics and distribution and procurement, ultimatelyleading to the position of Corporate Vice President. He began his career with the Del Monte Corporation in 1970.

Source: Wall Street Journal, July 1, 2003

John F. Matsen Jr.

SVP and Corporate Controller

Biography

Mr. Matsen has more than 22 years of financial experience in various industries. He joins Revlon from SensientTechnologies, Inc., where he served as a Chief Financial Officer, Flavors and Fragrances. In this role he managed allfinancial, information technology, divisional supply chain and divisional engineering functions for the Flavor andFragrance groups, which consisted of 18 business units operating in the U.S., Canada, Europe and Latin America. From1988 through 1994 he worked for the General Chemical Corporation, ultimately serving as Director of FinancialOperations. Mr. Matsen began his career at Texaco, Inc. in 1981.


Graeme Howard

SVP and Managing Director, Australasia and Asia Pacific



Revlon International Corporation Managing Director, Australasia and Asia Pacific

Catherine Fisher

SVP, Corporate Communications



Revlon International Corporation SVP, Corporate Communications




Biography

Ms. Fisher brings over 20 years of public relations experience to Revlon. Most recently, she served as the Senior VicePresident Global Communications for Tommy Hilfiger U.S.A., INC. In that role, Ms. Fisher was responsible for pressrelations, special events and new product launches. While at the company, Ms. Fisher successfully developed andlaunched the European marketing strategy for the company and numerous new product categories. Prior to TommyHilfiger, Ms. Fisher was the Vice President of Marketing and Public Relations for Joseph Abboud Company. She beganher career at Calvin Klein Menswear where she became the Director of Public Relations until 1986. For the next threeyears, she was the Director of Public Relations for GFT USA Corp.

Source: PRNewswire,

Steven F. Schiffman

SVP, Finance and Treasury

Biography

Mr. Schiffman has diverse experience in virtually all aspects of financial management. He joins Revlon from G−LOG,Inc. a private logistics software company, where he served as Senior Vice President and Chief Financial Officer. In thisrole he was responsible for all aspects of finance and management of information systems. Prior to joining G−LOG, hewas Vice President and Chief Financial Officer for RSL Communications, Ltd., a publicly−listed internationaltelecommunications company. From 1993 to 1999 Mr. Schiffman worked for PepsiCo, Inc., ultimately as Vice President,International Finance & Tax where he oversaw the treasury and tax functions for all operating divisions throughoutPepsiCo's Asia−Pacific region. His experience includes financial planning and analysis, mergers and acquisitions, treasuryand tax. Mr. Schiffman began his career in 1986 at the Ford Motor Company.


Pamela Vaile

SVP, Global Product Development

Biography

Ms. Vaile founded Pamela Vaile Associates in 1994, a successful consulting firm specializing in product development incolor cosmetics, skincare, bath and body, haircare, fine fragrances and personal care products. Her firm's clienteleincluded Avon, Victoria's Secret, Ann Taylor, Estee Lauder, L'Oreal Paris, LVMH, Sara Lee, Hard Candy, Laura Mercier,Sears, JC Penney, Warner Brothers and Disney, to name a few. Prior to starting her own company, she worked forBorghese Inc. from 1991 to 1994, where she was instrumental in developing new products and product lines for theircolor cosmetics business. In 1988 she joined Limited, Inc. and was instrumental in the 1990 launch of their Bath and BodyWorks product line. Ms. Vaile spent 10 years at Avon Products, Inc. creating new product programs in color cosmetics,fragrance and skincare in both the U.S. and global markets. She began her career in 1976 at L'Oreal and Lancome atCosmair. Ms. Vaile is a frequent speaker on product innovation and consumer trends to the cosmetic industry and serveson the Board of Directors for FIT's Fragrances and Cosmetics graduate program



Joseph Squicciarino

SVP, International Chief Financial Officer



Revlon International Corporation CFO

Maria A. Sceppaguercio

SVP, Investor Relations



Revlon International Corporation SVP, Investor RelationsBiography

Ms. Sceppaguercio, an 18−year veteran of Nabisco, Inc. was most recently with Kraft Foods, Inc., as Vice President,Investor Relations. Ms. Sceppaguercio began her career at Nabisco in 1984 as a Financial Analyst and subsequently heldmanagement positions in corporate and divisional finance as well as strategic planning. In 1995, she was promoted toSenior Director of Corporate Planning and in 1997 was appointed Vice President of Investor Relations. In 1999, followingthe corporate reorganization of the former RJR Nabisco, she led investor relations activities for both Nabisco HoldingsCorp. and Nabisco Group Holdings Corp.


Elizabeth Kenny

SVP, Portfolio Brands

Biography

Ms. Kenny joined Revlon from Clairol, now part of Procter & Gamble, formerly of Bristol−Myers Squibb. Her mostrecent assignment was as Director, Clairol Retail Color North America Delivery and Global Design. In that role, shemanaged all of the Clairol Retail Haircolor business, with P&L responsibility for the entire North American business(including such brands as Nice `n Easy, Herbal Essences Color, Hydrience and Natural Instincts) and responsibility for theglobal strategy. Ms. Kenny joined Clairol in 1992 as a Brand Manager and held positions in U.S. Haircolor and Haircarebefore going to Matrix in 1997 as Marketing Director to manage their salon Haircolor, Perms and Cosmetics businesses.Ms. Kenny assumed responsibilities for both Marketing and Education in 1998 when she became Marketing Director ofClairol Professional. In this position, she led the reinvention of the division's image with consumers and customers, andlaunched the first ethnic business. Prior to her tenure at Clairol, she worked in marketing at Chesebrough−Pond's, adivision of Unilever, on haircare and fragrances.





Chris Elshaw

Managing Director, Europe



Revlon International Corporation Managing Director, Europe

Alan S. Bernikow, Age 63

Director

Biography

Mr. Bernikow has been a Director of the Company and Products Corporation since September 2003. Prior to hisretirement in May 2003, Mr. Bernikow served as the Deputy Chief Executive Officer of Deloitte & Touche LLP ("D&T")since 1998. Prior to that, Mr. Bernikow held various senior executive positions at D&T and its predecessor, Touche Ross,which he joined in 1966. Mr. Bernikow also serves as a Director and as a member of the Audit Committee of Casual MaleRetail Group, Inc., which files reports pursuant to the Exchange Act.


Donald G. Drapkin, Age 55

Director



MacAndrews & Forbes Holdings Inc. Co−Vice Chairman

Panavision Inc. Director

Playboy Enterprises, Inc. Director

SIGA Technologies, Inc. Chairman

WeddingChannel.com, Inc. Executive ChairmanBiography

Mr. Drapkin has been a Director of the Company and of Products Corporation since their respective formations in 1992.He has been Vice Chairman of the Board of MacAndrews & Forbes and various of its affiliates since 1987. Mr. Drapkinwas a partner in the law firm of Skadden, Arps, Slate, Meagher & Flom for more than five years prior to 1987. Mr.Drapkin is also a Director of the following companies which file reports pursuant to the Exchange Act: Anthracite Capital,Inc., The Molson Companies Limited, Playboy Enterprises, Inc. and SIGA Technologies, Inc.









Meyer Feldberg, Age 61

Director



Federated Department Stores, Inc. Director

PRIMEDIA, Inc. DirectorBiography

Professor Feldberg has been a Director of the Company since February 1997. Professor Feldberg has been the Dean ofColumbia Business School, New York City, for more than the past five years. Professor Feldberg is also a Director of thefollowing companies which file reports pursuant to the Exchange Act: Federated Department Stores, Inc., PRIMEDIAInc., Sappi Limited and Select Medical Corporation. In addition, Professor Feldberg is also a director or trustee of 31investment companies (consisting of 51 portfolios) for which UBS Global Asset Management, Inc., UBS Paine WebberInc. or one of its affiliates serves as investment advisor, sub−advisor or manager (the "UBS Investment Companies"). Inaddition to being a member of the Company's Audit Committee, Professor Feldberg is also an audit committee member ofeach of the UBS Investment Companies and, until November 2003, was an audit committee member of PRIMEDIA Inc.


Howard Gittis, Age 69

Director



Jones Apparel Group, Inc. Director

Loral Space & Communications Ltd. Director

MacAndrews & Forbes Holdings Inc. Co−Vice Chairman

M&F Worldwide Corp. Chairman, President, and CEO

Panavision Inc. Vice Chairman

REV Holdings LLC Vice Chairman and Manager

Scientific Games Corporation DirectorRecent Work Highlights

Golden State Bancorp Inc.Last position held, Director♦

•

Biography

Mr. Gittis has been a Director of the Company and of Products Corporation since their respective formations in 1992 andVice Chairman of Products Corporation since June 2002. Mr. Gittis has been Vice Chairman of the Board of Managers











and Manager of REV Holdings, which files reports pursuant to the Exchange Act, since December 2002. He was aDirector of REV Holdings Inc. from its formation in 1993 through December 2002 and Vice Chairman of its Board ofDirectors from March 1997 through December 2002. He has been Vice Chairman of the Board of MacAndrews & Forbesand various of its affiliates since 1985. Mr. Gittis is also a Director of the following companies which file reports pursuantto the Exchange Act: Jones Apparel Group, Inc., Loral Space & Communications Ltd., Panavision, Scientific Games andM&F Worldwide.


Edward J. Landau, Age 73

Director

Biography

Mr. Landau has been a Director of the Company since June 1996. Prior to his retirement in February 2003, Mr. Landauwas Of Counsel at the law firm of Wolf, Block, Schorr and Solis−Cohen LLP ("Wolf, Block") since February 1998, andwas a Senior Partner of Lowenthal, Landau, Fischer & Bring, P.C., a predecessor to such firm, for more than five yearsprior to that date. He has been a Director of Products Corporation since June 1992.


Linda Gosden Robinson, Age 50

Director



Young & Rubicam Inc. Vice Chairman; Chairman and CEO, Robinson, Lerer & MontgomeryBiography

Ms. Robinson has been a Director of the Company since June 1996. Ms. Robinson has been Chairman of Robinson Lerer& Montgomery, LLC, a New York City strategic communications consulting firm, since May 1996. Ms. Robinson wasChief Executive Officer of Robinson Lerer & Montgomery from May 1996 until January 2002. In March 2000, RobinsonLerer & Montgomery was acquired by Young & Rubicam Inc. ("Y&R") and Ms. Robinson has served as Vice Chairmanof Y&R since March 2000. In October 2000, Y&R was acquired by the WPP Group plc ("WPP"). For more than fiveyears prior to May 1996, she was Chairman of the Board and Chief Executive Officer of Robinson Lerer Sawyer MillerGroup or its predecessors. Ms. Robinson is also a member of the NYU Hospitals Center Board of Trustees.


Terry S. Semel, Age 60

Director





Polo Ralph Lauren Corporation Director

Yahoo! Inc. Chairman and CEO $450,000 $895,500Recent Work Highlights

Yahoo! Inc.2001: Chairman and CEO, $254,853 salary♦

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Biography

Mr. Semel has been a Director of the Company since June 1996. Mr. Semel has been Chairman and Chief ExecutiveOfficer of Yahoo! Inc. ("Yahoo!") since May 2001. Mr. Semel has been Chairman and Chief Executive Officer ofWindsor Media, Inc., Los Angeles, a diversified media company, since October 1999. He was Chairman of the Board andCo−Chief Executive Officer of the Warner Bros. Division of Time Warner Entertainment LP ("Warner Brothers"), LosAngeles, from March 1994 until October 1999 and of Warner Music Group, Los Angeles, from November 1995 untilOctober 1999. For more than ten years prior to that he was President of Warner Brothers or its predecessor, Warner Bros.Inc. Mr. Semel is also a Director of the following companies which file reports pursuant to the Exchange Act: Yahoo! andPolo Ralph Lauren Corporation.


Martha Stewart, Age 63

Director



Martha Stewart Living Omnimedia Inc.Chief Creative Officer and Director$900,000 (prior to title change)$680,600Recent Work Highlights

Martha Stewart Living Omnimedia Inc.2001: Chairman and CEO, $900,000 salary, $1,156,666 bonus♦ 2000: Chairman and CEO, $900,000 salary, $1,770,000 bonus♦

•

Biography

Ms. Stewart has been a Director of the Company since June 1996. Ms. Stewart is the Founder and Chief Creative Officerof Martha Stewart Living Omnimedia, Inc., New York City (formerly Martha Stewart Living Omnimedia, LLC, NewYork City) ("MSLO"). Ms. Stewart was Chairman of the Board and Chief Executive Officer of MSLO from 1996 untilJune 2003. She is an author of many lifestyle books, the creator of the magazine "Martha Stewart Living," creator andhost of a syndicated daily television series, creator of a syndicated newspaper column and a catalog company, and hasbeen a lifestyle consultant and lecturer for more than twenty years. Ms. Stewart is currently a defendant in a criminalproceeding in New York federal court relating to a sale by her of non−MSLO stock and her alleged conduct during thesubsequent investigations. Ms. Stewart is also a Director of MSLO, which files reports pursuant to the Exchange Act.








Overview

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 firmmakes fragrances (Charlie) and personal care products (Flex hair care, Mitchum deodorant). New York socialite RonPerelman owns 83% of Revlon −− and controls 97% of its voting power −− through holding companies, includingMacAndrews & Forbes Holdings. Although Perelman's involvement with Revlon has fueled his celebrity status, in 1999he put the heavily indebted cosmetics company up for sale before opting to sell only minor parts of it.

Revlon sells its products in more than 100 countries, primarily through mass merchandisers, drugstores, and supermarkets.It continually refreshes its lines with new brands −− from Age Defying for older women to ColorStay for thetrend−conscious.

In 2002 Perelman offered a cash infusion of $150 million to the struggling company −− $50 million would come from astock offering and $100 million would be provided by a line of credit from Perelman's MacAndrews & Forbes. Revlon'sboard accepted the proposal in 2003.

Revlon sealed agreements with Fidelity Management & Research Co. and Mafco Holdings in early 2004 to help reduceRevlon's debt. Revlon anticipates the debt−for−equity swap to eliminate some $780 million of the company's debt beforemid 2004.






History

Legend has it that, jobless in New York City in the depths of the Depression, Charles Revson became a cosmeticssalesman by the toss of a coin −− tails, he'd apply for a job selling household appliances; heads, he'd answer an ad for acosmetics salesman. It was heads, and in 1931 Revson began selling Elka nail polish to beauty salons. He painted his ownnails with different colors so he wouldn't need a color chart.

Revson and his brother Joseph decided to start their own nail polish company. They scraped together $300, hooked upwith nail polish supplier Charles Lachman, and in 1932 began Revlon (the "L" in the name came from Lachman). The nailpolish, emulating Elka's, was opaque rather than transparent, available in many colors, and an immediate hit with beautysalons. Revlon grew rapidly, and by 1937 Revson was selling his nail polish in upscale department stores.

Seeing nail polish as a fashion accessory, Revson introduced new colors twice a year, giving them −− and the matchinglipsticks introduced in 1940 −− names like Kissing Pink and Fifth Avenue Red. More opportunist than innovator, he lethis competitors do the research and make the mistakes, and then he would make a better version of the product,outpackaging and outadvertising his rivals.

Revlon introduced Fire & Ice in 1952, one of its most successful launches ever. Its sole sponsorship of The $64,000Question quiz show in 1955 boosted sales of some products by 500%. Later that year Revlon went public. To diversifyand expand its markets, it began making acquisitions (although many were soon dumped) and selling its productsoverseas.

The company bought deodorant maker Mitchum in 1970, and three years later it introduced Charlie, its wildly popularfragrance. In 1974 a dying Revson handpicked his successor, Michel Bergerac, president of European operations forIT&T. Revson died the next year. Bergerac began a new push for diversification and lower costs. Acquisitions includedophthalmic and pharmaceuticals companies. However, while Revlon's health care operations were rising, its cosmeticsstar was losing market share and profits were falling.

Social−climbing conglomateur Ron Perelman bought Revlon in an LBO in 1985 with funds raised by friend MichaelMilken. Hoping to restore the firm as a beauty business, Perelman began selling off the profitable health care businessesand buying beauty companies (including Max Factor, which he then sold in 1991 to cut debt).

In 1994 Revlon introduced ColorStay lipstick, which quickly became the top−selling lipstick. Revlon went public in 1996.George Fellows was promoted to CEO the next year. The company merged its Prestige Fragrance & Cosmetics chain intoPerelman's Cosmetic Center chain in 1997; Revlon sold its 85% stake in the combination at a loss in 1998.

Still deep in debt and suffering from domestic competition, too much inventory, and troubles in Russia and Brazil, Revlonclosed three plants and cut 3,000 jobs in 1998. Fellows resigned in 1999 and was replaced by Jeff Nugent, the formerpresident of Neutrogena (and brother of rocker Ted Nugent). Sales fell as retailers cut inventory.

Revlon sold its professional products business in 2000 to an investment group led by the unit's chairman, Carlos Colomer(now chairman of Colomer USA). Also in 2000 Revlon sold its Plusbelle line (Argentina) to consumer products companyDial. In 2001 it sold its Colorama brand of cosmetics and hair care products to rival L'Oreal.

In February 2002 CEO Nugent abruptly resigned after it was reported that chairman Ron Perelman planned to replace himwith Jack Stahl, former president and COO at The Coca−Cola Company; Stahl took office that month.






Products/Operations

Revlon's products are sold in more than 100 countries.

2003 Sales

$ mil. % of total

US and Canada890.6 69

Other countries 408.7 31

Total 1,299.3100

2003 Sales

$ mil. % of total

Cosmetics, skin care & fragrances872.4 67

Personal care 426.9 33

Total 1,299.3100

Selected Products and Brands

Cosmetics

Almay (Amazing Lasting, Clear Complexion, Lip Vitality, One Coat, Pure Tints, Skin Smoothing, Skin StaysClean, Time−Off)

•

Cutex (in South America and Africa)• Jeanne Gatineau• Revlon (Age Defying, Always On, ColorStay, High Dimension, Illuminance, Lipglide, Moisturous, NewComplexion, Skinlights, Stay Natural, Super Lustrous)

•

Ultima II•

Fragrances

Revlon (Charlie, Ciara)•

Personal Care

Almay• Bozzano• Juvena• Revlon (Colorsilk, Flex, Frost & Glow, Hi & Dri, High Dimension, Jean Naté, Mitchum, OutrageousAquamarine, Revlon Beauty Tools)

•

Skin Care

Almay (Kinetin, Milk Plus)• Jeanne Gatineau• Revlon (Eterna 27, Vitamin C Absolutes)• Ultima II•

Archived Charts


Fragrances

Revlon (Charlie, Ciara)•

Personal Care

Almay• Bozzano• Juvena• Revlon (Aquamarine, Colorsilk, Flex, Frost & Glow, High Dimension, Hi & Dri, Jean Nate, Mitchum,Outrageous, Revlon Beauty Tools)

•

Skin Care

Almay (Kinetin, Milk Plus)• Jeanne Gatineau• Revlon (Eterna 27, Revlon Absolutes, Vitamin C Absolutes)• Ultima II•

2002 Sales $ mil. % of totalCosmetics, skin care & fragrances 723.9 65Personal care & professional products 395.5 35

Total 1,119.4 100

Selected Products and Brands:

Cosmetics• Almay (Amazing Lasting, Clear Complexion, Lip Vitality, One Coat, Organic Fluoride Plus, Pure Tints, SkinStays Clean, Skin Smoothing Foundation, Time−Off)

•

Cutex (in South America and Africa)• Jeanne Gatineau• Revlon (Age Defying, Always On, ColorStay, High Dimension, Illuminance, Lipglide, Moisturous, NewComplexion, Skinlights, Stay Natural, Super Lustrous)

•

Ultima II (Beautiful Nutrient, Full Moisture, The Nakeds, Wonderwear)•

2002 Sales $ mil. % of totalUS and Canada 761.2 68 Other countries 358.2 32

Total 1,119.4 100


Other Resources Available On Hoover's Online

News for Revlon (last 90 days)

Company Press Release Archive

Other Resources

Headquarters Map• SEC Filings

10−K Filings♦ •

Stock Quote• Stock Chart• Earnings Estimates• ValuEngine Analysis• Annual Report • Investor Relations • Financial Data Definitions• Market Data Definitions• Comparison Data Definitions• Historical Financials & Employees Definitions•

Related Products From Our Trusted Partners

Buy Reports and Books

D&B Business/Credit Reports: Revlon, Inc.(D&B, Feb 1, 2004, Business Reports)

•

Quantitative Report for REV(ValuEngine, Inc., Jan 1, 2004, Business Reports)

•

Personal Care Products Mfg Deluxe Set(Harris Industry Reports, Aug 12, 2003, Business Reports)

•

Cosmetics & Skin Care: Financial Analysis Profiles(BizMiner, Dec 23, 2003, Business Reports)

•

Soap and Other Detergent Manufacturing in Australia(IBISWorld, Dec 16, 2003, Business Reports)

•

Wellbeing: A cross category approach to nutrition, health and beauty(Reuters Business Insight, Jan 1, 2002, Business Reports)

•

Plunkett's Biotech & Genetics Industry Almanac 2003−2004(Plunkett Research, Ltd., Feb 1, 2003, Books)

•

A Snapshot of Lifestyles and Personal Care Habits Among US Males(Buzzback, Jul 1, 2002, Business Reports)

•

Additional 3rd Party Libraries

Additional Research On Revlon

Manufacturing Branches • Corporate Hierarchy •


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Annual Financials

All amounts in millions of US Dollars

Income Statement Dec 03 Dec 02 Dec 01

Revenue 1,299.3 1,119.4 1,321.5

Cost of Goods Sold 397.1 392.5 435.3

Gross Profit 902.2 726.9 886.2

Gross Profit Margin 69.4% 64.9% 67.1%

SG&A Expense 770.9 717.0 723.1

Depreciation & Amortization 112.9 118.9 115.1

Operating Income 18.4 (109.0) 48.0

Operating Margin 1.4% −− 3.6%

Nonoperating Income 8.8 (0.1) (15.4)

Nonoperating Expenses 174.5 159.0 140.5

Income Before Taxes (153.3) (281.7) (146.0)

Income Taxes 0.5 4.8 4.1

Net Income After Taxes (153.8) (286.5) (150.1)

Continuing Operations (153.8) (286.5) (150.1)

Discontinued Operations 0.0 0.0 0.0

Total Operations (153.8) (286.5) (150.1)

Total Net Income (153.8) (286.5) (153.7)

Net Profit Margin −− −− −−

Diluted EPS from Continuing Operations ($) (2.47) (5.49) (2.87)

Diluted EPS from Discontinued Operations ($) 0.00 0.00 0.00

Diluted EPS from Total Operations ($) (2.47) (5.49) (2.87)

Diluted EPS from Total Net Income ($)

Dividends per Share 0.00 0.00 0.00

Balance Sheet Dec 03 Dec 02 Dec 01

Assets

Current Assets

Cash 56.5 85.8 103.3

Net Receivables 182.5 212.3 203.9

Inventories 142.7 128.1 157.9


Other Current Assets 33.9 39.6 47.8

Total Current Assets 415.6 465.8 512.9

Net Fixed Assets 132.1 133.4 142.8

Other Noncurrent Assets 344.5 340.3 341.9

Total Assets 892.2 939.5 997.6

Liabilities and Shareholders' Equity Dec 03 Dec 02 Dec 01

Current Liabilities

Accounts Payable 97.4 92.9 87.0

Short−Term Debt 28.0 25.0 17.5

Other Current Liabilities 321.9 392.3 281.3

Total Current Liabilities 447.3 510.2 385.8

Long−Term Debt 1,869.5 1,750.1 1,643.6

Other Noncurrent Liabilities 301.0 320.0 250.9

Total Liabilities 2,617.8 2,580.3 2,280.3

Shareholders' Equity

Preferred Stock Equity 54.6 54.6 54.6

Common Stock Equity (1,780.2) (1,695.4) (1,337.3)

Total Equity (1,725.6) (1,640.8) (1,282.7)

Shares Outstanding (mil.) 69.5 51.8 51.8

Cash Flow Statement Dec 03 Dec 02 Dec 01

Net Operating Cash Flow (166.4) (112.3) (86.5)

Net Investing Cash Flow (23.3) (14.2) 87.2

Net Financing Cash Flow 151.1 110.3 46.3

Net Change in Cash (29.3) (17.5) 47.0

Depreciation & Amortization 112.9 118.9 115.1

Capital Expenditures (28.6) (16.0) (15.1)

Cash Dividends Paid 0.0 0.0 0.0

Data Definitions

Some financial information provided by Media General Financial Services, Inc. , Richmond, Virginia


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Quarterly Financials

All amounts in millions of US Dollars except per share amounts.

Income StatementQuarter

Ending Dec 03Quarter

Ending Sep 03Quarter

Ending Jun 03Quarter Ending

Mar 03Quarter

Ending Dec 02

Revenue 368.5 316.5 322.3 292.0 212.6

Cost of Goods Sold 109.3 105.0 99.6 83.2 126.2

Gross Profit 259.2 211.5 222.7 208.8 86.4

Gross Profit Margin 70.3% 66.8% 69.1% 71.5% 40.6%

SG&A Expense 189.6 196.9 200.2 184.2 191.8

Depreciation & Amortization 30.3 24.3 28.0 30.3 29.0

Operating Income 39.3 (9.7) (5.5) (5.7) (134.4)

Operating Margin 10.7% −− −− −− −−

Nonoperating Income 2.6 2.0 4.4 (0.2) 2.6

Nonoperating Expenses 46.0 44.3 42.8 41.4 40.6

Income Before Taxes (9.2) (52.4) (43.9) (47.8) (176.7)

Income Taxes 3.4 2.3 (6.1) 0.9 2.7

Net Income After Taxes (12.6) (54.7) (37.8) (48.7) (179.4)

Continuing Operations (12.6) (54.7) (37.8) (48.7) (179.4)

Discontinued Operations 0.0 0.0 0.0 0.0 0.0

Total Operations (12.6) (54.7) (37.8) (48.7) (179.4)

Total Net Income (12.6) (54.7) (37.8) (48.7) (179.4)

Net Profit Margin −− −− −− −− −−

Diluted EPS from ContinuingOperations ($)

(0.11) (0.78) (0.68) (0.93) (3.44)

Diluted EPS fromDiscontinued Operations ($)

0.00 0.00 0.00 0.00 0.00

Diluted EPS from TotalOperations ($)

(0.11) (0.78) (0.68) (0.93) (3.44)

Diluted EPS from Total NetIncome ($)

Dividends per Share 0.00 0.00 0.00 0.00 0.00

Balance SheetQuarter

Ending Dec 03Quarter

Ending Sep 03Quarter

Ending Jun 03Quarter Ending

Mar 03Quarter

Ending Dec 02

Assets


Current Assets

Cash 56.5 34.6 34.4 34.8 85.8

Net Receivables 182.5 179.7 206.7 200.5 212.3

Inventories 142.7 158.8 161.6 151.6 128.1

Other Current Assets 33.9 36.5 43.6 51.1 39.6

Total Current Assets 415.6 409.6 446.3 438.0 465.8

Net Fixed Assets 132.1 136.5 132.5 130.4 133.4

Other Noncurrent Assets 344.5 352.1 350.7 349.3 340.3

Total Assets 892.2 898.2 929.5 917.7 939.5

Liabilities andShareholders' Equity

QuarterEnding Dec 03

QuarterEnding Sep 03

QuarterEnding Jun 03

Quarter EndingMar 03


Current Liabilities

Accounts Payable 97.4 89.2 100.0 113.3 92.9

Short−Term Debt 28.0 28.7 27.8 26.9 25.0

Other Current Liabilities 321.9 332.1 358.5 382.0 392.3

Total Current Liabilities 447.3 450.0 486.3 522.2 510.2

Long−Term Debt 1,869.5 1,856.3 1,798.5 1,764.6 1,750.1

Other Noncurrent Liabilities 301.0 316.6 314.7 318.6 320.0

Total Liabilities 2,617.8 2,622.9 2,599.5 2,605.4 2,580.3

Shareholders' Equity

Preferred Stock Equity 54.6 54.6 54.6 54.6 54.6

Common Stock Equity (1,780.2) (1,779.3) (1,724.6) (1,742.3) (1,695.4)

Total Equity (1,725.6) (1,724.7) (1,670.0) (1,687.7) (1,640.8)

Shares Outstanding (mil.) 69.5 69.4 69.4 51.8 51.8

Cumulative Cash FlowStatement


QuarterEnding Sep 03

QuarterEnding Jun 03

Quarter EndingMar 03


Net Operating Cash Flow (166.4) (183.9) (134.8) (60.5) (112.3)

Net Investing Cash Flow (23.3) (19.7) (13.2) (4.7) (14.2)

Net Financing Cash Flow 151.1 144.2 89.0 9.7 110.3

Net Change in Cash (29.3) (51.2) (51.4) (51.0) (17.5)

Depreciation & Amortization 30.3 24.3 28.0 30.3 29.0

Capital Expenditures (28.6) (19.7) (13.2) (4.7) (16.0)


Cash Dividends Paid 0.0 0.0 0.0 0.0 0.0

Data Definitions



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Historical Financials & Employees

Income Statement

YearRevenue

($ mil.)Net Income

($ mil.)Net Profit

MarginEmployees

Dec 03 1,299.3 (153.8) −− 6,100

Dec 02 1,119.4 (286.5) −− 6,000

Dec 01 1,321.5 (153.7) −− 6,000

Dec 00 1,491.6 (130.6) −− 8,000

Dec 99 1,861.3 (371.5) −− 11,000

Dec 98 2,252.2 (143.2) −− 13,000

Dec 97 2,390.9 43.6 1.8% 16,000

Dec 96 2,167.0 17.8 0.8% 14,300

Dec 95 1,935.5 (41.7) −− 14,000

Dec 94 1,730.9 (69.3) −− −−

Stock History

YearStock Price ($) P/E Per Share ($)

FYHigh

FYLow

FYClose

High Low Earns. Div.BookValue

Dec 03 3.9 2.0 2.2 −− −− (2.5) 0.0 (24.8)

Dec 02 6.8 1.9 3.1 −− −− (5.5) 0.0 (31.7)

Dec 01 9.2 4.2 6.7 −− −− (2.9) 0.0 (24.8)

Dec 00 11.7 3.5 5.0 −− −− (2.5) 0.0 (21.5)

Dec 99 32.2 7.2 7.9 −− −− (7.2) 0.0 (19.8)

Dec 98 56.4 12.0 16.4 −− −− (2.8) 0.0 (12.6)

Dec 97 55.5 29.2 35.3 48.7 25.7 0.9 0.0 (9.0)

Dec 96 36.5 22.5 29.9 73.0 45.0 0.4 0.0 (9.7)

Dec 95 −− −− −− −− −− (1.0) 0.0 (7.5)

Dec 94 −− −− −− −− −− −− −− −−

2003 Year−End Financials

Debt ratio −−

Cash ($ mil.) 56.5

Current ratio 0.93

Long−term debt ($ mil.) 1,869.5

Shares Outstanding (mil.) 69.5


Dividend yield 0.0%

Dividend payout −−

Market value ($ mil.) 155.6

Data Definitions



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Market Data

Current Information

Last Close 2−Mar−2004 $3.55 Price/Sales Ratio 0.19

52−Week High $3.93 Price/Book Ratio −−

52−Week Low $2.05 Price/Earnings Ratio −−

60−Month Beta 1.7 Price/Cash Flow Ratio (6.02)

Market Value (mil.) $246.6 Return on Assets (17.2%)

Shares Outstanding (mil.) 69.5 Return on Equity −−

Dividend Rate 0.00 Current Ratio 0.93

Dividend Yield 0.0% Long−Term Debt/Equity (1.08)

# of Institutional Holders 87 % Owned by Institutions 11.9%

Latest Short Interest Ratio 19.30 Latest Net Insider Transactions 0.00

Growth Rates 12 Month 36 Month 60 Month

Revenue Growth 16.1% (5.6%) (11.8%)

EPS Growth −− −− −−

Dividend Growth −− −− −−

Data Definitions



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Comparison Data

Profitability Company Industry 1 Market 2

Gross Profit Margin 69.44% 61.93% 47.95%

Pre−Tax Profit Margin (11.80%) 14.92% 5.52%

Net Profit Margin (11.84%) 9.83% 2.58%

Return on Equity −− 92.1% 5.2%

Return on Assets (17.2%) 12.4% 0.8%

Return on Invested Capital (106.9%) 25.3% 2.5%

Valuation Company Industry 1 Market 2

Price/Sales Ratio 0.19 2.72 1.47

Price/Earnings Ratio −− 29.18 57.36

Price/Book Ratio −− 25.51 2.94

Price/Cash Flow Ratio (6.02) 20.09 16.67

Operations Company Industry 1 Market 2

Days of Sales Outstanding 50.57 41.81 59.96

Inventory Turnover 2.9 3.5 7.5

Days Cost of Goods Sold in Inventory 123 104 48

Asset Turnover 1.4 1.3 0.3

Net Receivables Turnover Flow 6.6 8.4 6.1

Effective Tax Rate −− 32.6% −−

Financial Company Industry 1 Market 2

Current Ratio 0.93 1.26 1.39

Quick Ratio 0.5 0.7 1.0

Leverage Ratio −− 7.43 6.08

Total Debt/Equity −− 3.03 1.46

Interest Coverage 0.10 10.40 2.00

Per Share Data ($) Company Industry 1 Market 2

Revenue Per Share 18.71 15.66 19.48

Fully Diluted Earnings Per Sharefrom Total Operations

(2.47) 1.46 0.50

Dividends Per Share 0.00 0.53 0.42

Cash Flow Per Share (0.59) 2.12 1.72

Working Capital Per Share (0.46) 1.10 2.12

Long−Term Debt Per Share 26.92 4.27 10.20

Book Value Per Share (25.63) 1.67 9.76


Total Assets Per Share 12.85 12.41 59.32

Growth Company Industry 1 Market 2

12−Month Revenue Growth 16.1% 4.2% 2.9%

12−Month Net Income Growth −− 12.7% 51.0%

12−Month EPS Growth −− 14.1% 56.3%

12−Month Dividend Growth −− 0.0% 2.4%

36−Month Revenue Growth (5.6%) 1.3% 1.3%

36−Month Net Income Growth −− 18.1% (21.7%)

36−Month EPS Growth −− 18.8% (22.4%)

36−Month Dividend Growth −− 1.3% 1.5%1Industry: Personal ProductsIndustry classifications are from Media General Financial Services, Inc. .

2 Public companies trading on the New York Stock Exchange, the American Stock Exchange, and the NASDAQ National Market.

Data Definitions



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Competitive Landscape

KEY: Best of Group. Companies listed are Top Competitors.

Key Numbers Revlon L'Oréal 1 Procter &Gamble

Unilever NV

Annual Sales ($mil.) 1,299.3 14,975.3 43,377.0 50,698.0

Employees 6,100 50,491 98,000 247,000

Market Value ($mil.) 246.6 −− 131,979.5 250,085.9

Profitability Revlon L'Oréal 1 Procter &Gamble

Unilever NV Industry 2 Market 3

Gross Profit Margin 69.44% −− 53.93% 56.59% 61.93% 47.95%

Pre−Tax Profit Margin (11.80%) −− 17.83% 7.90% 14.92% 5.52%

Net Profit Margin (11.84%) −− 12.36% 5.17% 9.83% 2.58%

Return on Equity −− −− 34.1% 42.7% 92.1% 5.2%

Return on Assets (17.2%) −− 10.8% 6.0% 12.4% 0.8%

Return on Invested Capital (106.9%) −− 18.6% 10.2% 25.3% 2.5%

Valuation Revlon L'Oréal 1 Procter &Gamble


Price/Sales Ratio 0.19 −− 2.81 1.64 2.72 1.47

Price/Earnings Ratio −− −− 24.61 24.76 29.18 57.36

Price/Book Ratio −− −− 7.75 13.57 25.51 2.94

Price/Cash Flow Ratio (6.02) −− 17.85 17.51 20.09 16.67

Operations Revlon L'Oréal 1 Procter &Gamble


Days of Sales Outstanding 50.57 −− 34.07 55.86 41.81 59.96

Inventory Turnover 2.9 −− 5.3 4.8 3.5 7.5

Days Cost of Goods Sold inInventory

123 −− 68 75 104 48

Asset Turnover 1.4 −− 1.0 1.2 1.3 0.3

Net Receivables Turnover Flow 6.6 −− 12.2 5.9 8.4 6.1

Effective Tax Rate −− −− 30.7% 33.8% 32.6% −−

Financial Revlon L'Oréal 1 Procter &Gamble


Current Ratio 0.93 −− 0.97 1.44 1.26 1.39

Quick Ratio 0.5 −− 0.6 1.0 0.7 1.0

Leverage Ratio −− −− 3.17 7.08 7.43 6.08

Total Debt/Equity −− −− 1.09 3.19 3.03 1.46






















Interest Coverage 0.10 −− 15.90 3.60 10.40 2.00

Per Share Data ($) Revlon L'Oréal 1 Procter &Gamble


Revenue Per Share 18.71 −− 36.36 43.67 15.66 19.48

Fully Diluted Earnings Per Sharefrom Total Operations

(2.47) −− 4.15 2.90 1.46 0.50

Dividends Per Share 0.00 −− 1.74 1.77 0.53 0.42

Cash Flow Per Share (0.59) −− 5.72 4.10 2.12 1.72

Working Capital Per Share (0.46) −− (0.34) 4.12 1.10 2.12

Long−Term Debt Per Share 26.92 −− 9.78 16.85 4.27 10.20

Book Value Per Share (25.63) −− 13.17 5.29 1.67 9.76

Total Assets Per Share 12.85 −− 41.68 37.42 12.41 59.32

Growth Revlon L'Oréal 1 Procter &Gamble


12−Month Revenue Growth 16.1% −− 12.2% 26.5% 4.2% 2.9%

12−Month Net Income Growth −− −− 18.3% 53.3% 12.7% 51.0%

12−Month EPS Growth −− −− 19.3% 52.6% 14.1% 56.3%

12−Month Dividend Growth −− −− 10.1% 28.3% 0.0% 2.4%

36−Month Revenue Growth (5.6%) −− 4.6% 8.2% 1.3% 1.3%

36−Month Net Income Growth −− −− 19.1% 25.9% 18.1% (21.7%)

36−Month EPS Growth −− −− 19.4% 28.4% 18.8% (22.4%)

36−Month Dividend Growth −− −− 7.2% 10.8% 1.3% 1.5%

1 Data unavailable.2 Industry: Personal ProductsIndustry classifications are from Media General Financial Services, Inc. .3 Public companies trading on the New York Stock Exchange, the American Stock Exchange, and the NASDAQ National Market.

Data Definitions











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