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FY 2022 result marks fifth consecutive quarter of beauty maker posting sales inline or ahead of forecasts.
November 8, 2021
By: TOM BRANNA
Editor
Coty today said FY 2022 first quarter sales increased 22%, due to strong brick and mortar growth and a 23% gain in online sales. In addition to its Q1 results, Coty said it will sell an additional stake in the company to Wella. “Q1 marks the fifth consecutive quarter of Coty delivering results inline to ahead of expectations,” said Coty CEO Sue Y. Nabi. “Importantly, our Q1 results exemplify the virtuous cycle that we have been working to create, where our strong topline performance coupled w...
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