With the TCG consolidation, Revlon has diversified its product portfolio with the addition of professional cosmetics products. The robust growth from the Professional segment (derived from TCG) had masked the weakness in Revlon’s own Consumer line of products. However, Revlon's performance was significantly thwarted due to the weak currencies in the European markets. The earnings are expected to remain under pressure due to the weak Euro in the fourth quarter, as well. This, coupled with marketing spending and internal inventory management shifts, might adversely impact Revlon’s fourth quarter results.
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