Financial News

Net Revenue Dips 6% for Coty Inc. In Q1 2026

In Q1, the company’s US prestige fragrance sell-out grew by a mid-to-high single digit percentage, in line with the market, and officials expect the US prestige business to return to both sales and sell-out growth in Q2.

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By: Lianna Albrizio

Associate Editor

Net revenue saw a 6% dip for Coty Inc. in Q1 2026 to $1.57 billion for the three months ended Sept. 30, 2024. Consumer beauty net revenue of $507.7 million, representing 32% of the company’s total sales, decreased 9% on a reported basis and 11% on a LFL basis. The company’s 25.8% retained stake in Wella was valued at about $1 billion. “Coty’s strategic progress is accelerating as we elevate Coty as a prestige beauty company with an emphasis on fragrances and scenting across price ...

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