Company News, Financial News

New Programs in Motion in Q3 at Coty

Sally Hansen, Rimmel and Chloe are selling well.

Coty Inc. posted financial results for the third quarter of fiscal year 2015, ended March 31, 2015. Net revenues decreased 7% to $933.8 million. For the nine months, net revenues fell 4% to $3.4 billion.   Commenting on the Coty's performance, Bart Becht, chairman and interim CEO, said: “Q3 was our second consecutive quarter behind our new strategy of driving revenue growth on our power brands and returning Coty to profitable growth behind efficiency programs. We have made excellent p...

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