Revolution Beauty posts £11.4m pre-tax profit, up from £33.9m loss, as sales rise 2% to £191.3m.
Revolution Beauty has returned to profitability, posting a pre-tax profit of £11.4m for the year to 29 February, compared to a loss of £33.9m the previous year. The cosmetics retailer's sales increased 2% to £191.3m, with gross margin improving to 46.2%. The company attributed the turnaround to a new focus on its core product categories and investment in new product development and marketing.
June 26, 2024
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