Coty’s fourth quarter sales increased 6% to nearly $1.1 billion, but the company reported an operating loss of $2.9 million for the period. Still, both results topped estimates. “Fiscal 2016 showed our continued progress in our strategy of building a healthier and better business. In support of this strategy, we are actively preparing for the transformational merger with the P&G Beauty Brands business,” explained CEO Bart Becht. “During the year, reported revenues were positively impac...