Coty Reports Solid Q1 Growth Fueled by Prestige Fragrances ...

Nov 6, 2024 · The prestige fragrance market remains an outperforming category in beauty, even as growth has moderated by a couple of percentage points exiting Q1 from the low double …

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Coty Reports Solid Q1 Growth Fueled By Prestige Fragrances ...

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Coty Inc. today announced its results for the first quarter of fiscal year 2025, ended September 30, 2024. In 1 Q25, Coty's net revenues grew 2% on a reported basis and included a 1% …

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Coty Reports Solid Growth In Q1 2025 | Beauty Packaging

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Nov 7, 2024 · Prestige Q1 net revenues increased 5% on a reported basis, including a 2% negative impact from the divestiture of the Lacoste license. Prestige’s net revenue growth in …

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Coty Growth Fuelled By Prestige Fragrance Sales, While Mass Beauty …

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Nov 7, 2024 · Demand for ultra premium fragrances have helped deliver a 5% boost in the company’s prestige sales Q1 2025, while Consumer Beauty revenues are down Coty’s …

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Coty's Premium Fragrances, Cosmetics Launches Drive Quarterly …

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Feb 7, 2024 · Coty's prestige revenue in Mainland China grew in double-digit percentage. Its total net revenue for the second quarter rose 13% to $1.73 billion, beating LSEG estimates of $1.68 …

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Coty Reports Solid Q1 Growth Fueled By Prestige Fragrances ...

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Nov 6, 2024 · Coty reported solid Q1 FY25 results with 2% reported revenue growth and 4.5% LFL growth. The company's performance was driven by strong growth in fragrances across all …

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Coty Company Profile - Office Locations, Competitors, Revenue

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Oct 28, 2024 · Coty has 5 employees across 46 locations and $6.12 b in annual revenue in FY 2024. ... Coty is a beauty company with a portfolio of brands across fragrance, color …

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FAQs about Coty Reports Solid Q1 Growth Fueled by Prestige Fragrances ... Coupon?

Why did Coty's Prestige report net revenue growth in Q1?

Prestige reported net revenue growth in Q1 was driven by solid growth in the underlying fragrance category and Coty's brand performance, with double-digit LFL growth in the majority of Coty's leading fragrance brands, despite lapping the very robust double-digit percentage growth Coty's Prestige fragrance business in the prior year quarter. ...

Does Coty Inc (Coty) have a strong fragrance category?

The Prestige fragrance category remains robust, with Coty Inc (NYSE:COTY) experiencing strong growth, particularly in EMEA. Coty Inc (NYSE:COTY) achieved a significant gross margin expansion in Q1, growing by 200 basis points to 65.5%. ...

How did Coty's Prestige grow in fy24?

Coty's Prestige fragrance reported net revenues grew by a double-digit percentage in FY24. In FY24, the majority of Coty's leading Prestige fragrance brands grew reported net revenues by a high-single-digit to a double-digit percentage driven by continued global demand for beauty and fueled by existing icons and new innovations. ...

Is Coty Inc (Coty) a good stock to buy?

Coty Inc (NYSE:COTY) continues to deliver sustained like-for-like sales growth, outperforming leading global beauty players. The Prestige fragrance category remains robust, with Coty Inc (NYSE:COTY) experiencing strong growth, particularly in EMEA. ...

Is Coty a good brand?

Marc Jacobs Daisy Wild and Cosmic Kylie Jenner remain top ranked female innovations in the U.S. calendar year-to-date, reinforcing Coty's position as a fragrance leader and trend-setter. Coty's prestige cosmetics reported net revenues grew by a double-digit percentage in FY24, led by Kylie Cosmetics and Burberry. ...

How did fragrance sales perform in Q1?

The Q1 reported sales growth was supported by strong growth in fragrances across all price points, including prestige, ultra premium and mass fragrances, while some slowing in the mass cosmetics market and active order management by retailers pressured sales for both mass and prestige cosmetics. ...