Story
Revolution Beauty Swings to Profit in Second Half as Turnaround Gains Traction
Revolution Beauty (LON:REVB) announced Tuesday that its turnaround plan is yielding positive results, with business improving in the second quarter of fiscal 2027 after the company swung to a profit in the second half of the prior year.
Fiscal 2026 Performance
For the full fiscal year ended February 28, 2026, the cosmetics group reported an adjusted core loss of £8.2 million (approximately $11.03 million). However, the results show a significant second-half recovery.
The company posted an adjusted core loss of £12.5 million in the first half of the year. This was followed by a swing to an adjusted core profit of £4.3 million in the second half, signaling that strategic changes are taking effect. Revolution Beauty also noted that its performance in the first quarter of the current fiscal year exceeded its internal expectations.
AdOutlook and Strategy
Looking ahead, the company stated that business momentum has continued into the second quarter of fiscal 2027. Management attributed the ongoing improvement to its turnaround initiatives.
As part of its strategy, Revolution Beauty has successfully negotiated price adjustments with its U.S. retail partners. The company said this move is designed to mitigate the impact of tariff costs and is expected to benefit financial results in the current fiscal year.
Read next
More on Stocks
FTC Orders Walmart, Uber, Delta to Disclose Data on Personalized Pricing
The U.S. Federal Trade Commission is demanding nine major companies, including leading retail, travel, and gig economy firms, to provide information on how they use consumer data for setting individual prices and wages.
Google Launches Gemini 4 Carbon AI Model to Bolster Cybersecurity Capabilities
Alphabet's Google has unveiled Gemini 4 Carbon, its latest AI model specifically designed for advanced cybersecurity tasks like vulnerability detection and secure code generation. The launch escalates competition with rivals OpenAI and Anthropic in the enterprise AI market.
Oracle Shares Surge After Unveiling $225 Billion Revenue Target for 2030
Oracle stock rose sharply after the company presented a long-term financial outlook targeting at least $225 billion in annual revenue by fiscal 2030, driven by its expanding AI infrastructure business.
DOJ Scrutinizes Nvidia's $12.9B Hugging Face Deal Amid Broader Antitrust Probe, Sources Say
The U.S. Department of Justice is reportedly examining Nvidia's planned $12.93 billion acquisition of AI platform Hugging Face as part of a wider, ongoing antitrust investigation into the chipmaker's market conduct.