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Q3 sales increased 9%, which includes approximately 3% of negative impact from the Russia business exit.
May 9, 2023
By: Lianna Albrizio
Associate Editor
Coty Inc. reported strong results for the third quarter of fiscal year 2023, ended March 31, 2023 while consistently executing across its strategic growth pillars. Coty's strong Q3 sales performance came in ahead of expectations, the company said, and recently raised guidance, fueled by accelerating demand for prestige fragrances, retailer restocking and Coty initiatives. Q3 sales increased 9%, which includes approximately 3% of negative impact from the Russia business exit, with co...
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