Company News, Financial News

Coty Maintains in Q1

Fiscal 2015 kicks off slowly but surely.

Coty Inc. posted financial results for the first quarter of fiscal year 2015, ended Sept. 30, 2014. Net revenues increased 1% to $1.2 billion.   Commenting on the company's performance, Bart Becht, chairman and interim CEO, said,”Q1 was a quarter of good strategic progress but mixed financial results. Our strategy of focusing on our power brands showed signs of progress, as power brands' revenues grew mid-single digits due to exciting innovations like Sally Hansen Miracle Gel or ...

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