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Total net revenues for the year grew 10% reported and 11% LFL, but its growth rate slowed in Q4 to single digits.
August 21, 2024
By: Christine Esposito
Editor-in-Chief
Coty has released results for the full fiscal year 2024 and the fourth quarter ended June 30, 2024. In FY24, total net revenues grew 10% on a reported and 11% on a LFL basis. Coty said it continued to deliver balanced reported net revenue growth, including growth in both prestige and consumer beauty, across all regions and in each of its core categories. For the year, Coty said it delivered a “healthy reported growth mix with a low-single-digit percentage volume growth and a low dou...
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