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Coty Q1 revenue ahead of estimates

US beauty giant Coty has topped revenue estimates in the first quarter of the year. In the three months to September 30, net revenue came in at 1.39 billion, slightly above Wall Street estimates. Revenue was 1 percent higher than a year ago, or 9 percent higher on a like-for-like basis. That revenue increase was driven by like-for-like growth in...

Nov 9, 2022