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CEO Sue Nabi says company "remains at the forefront of fueling consumer desire and driving category growth through disruptive launches."
November 7, 2024
By: Lianna Albrizio
Associate Editor
Net revenues grew 2% for Coty in Q1 2025 on a reported basis and included a 1% headwind from FX and a 1% headwind from the divestiture of the Lacoste license, officials said. Q1 reported net income of $79.6 million increased from a net loss of $1.7 million in the prior year, which drove a reported net income margin of 4.8%, up 490 basis points year-over-year. Adjusted net income of $128.1 million increased from $74.1 million with a margin of 7.7%, up 320 basis points year-over-year. “...
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