said net sales in the fourth quarter were $334.2 million, a decrease of $39.1 million, or 10.5%, from the prior year. Foreign currency fluctuations negatively impacted net sales by $23.3 million.
Excluding foreign currency fluctuations, increased net sales of Revlon brand color cosmetics were offset by decreased net sales for Almay and decreased net sales for beauty care brands.
In international operations, net sales were $134.6 million, a decrease of $22.9 million, or 14.5%, entirely due to unfavorable foreign currency fluctuations. Excluding the unfavorable impact of foreign currency fluctuations, net sales increased by 0.2% as a result of higher net sales for Revlon and Almay color cosmetics, mostly offset by declines in hair care and fragrance products.
For the full year, Revlon's net sales were $1.35 billion, a decrease of $20.3 million, or 1.5%, from 2007. Foreign currency fluctuations hurt sales by $8.3 million. Excluding foreign currency fluctuations, net sales of Revlon brand color cosmetics increased 9%.
This article was written by a staff member of TheStreet.com.