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Prestige segment led during the quarter, with both reported and LFL sales growth of 21% versus the prior year.
August 22, 2023
By: Lianna Albrizio
Associate Editor
Sales for Coty Inc. increased 16% for the fourth quarter of fiscal year 2023, ended June 30, 2023. The company delivered its 12th consecutive quarter of results in-line to ahead of expectations, while consistently executing across its strategic growth pillars. Coty's strong Q4 performance, with double digit growth in both sales and profits, came in ahead of expectations and recently raised guidance. Q4 reported sales increased 16% or 17% on a LFL basis, ahead of its rec...
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