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Coty misses quarterly revenue estimates
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Coty misses quarterly revenue estimates
Feb 10, 2025 1:38 PM

Feb 10 (Reuters) - Coty ( COTY ) missed estimates for

second-quarter revenue on Monday, on slowing demand for its

cosmetics in the United States and tighter inventory management

by retailers and department stores.

The company's quarterly net revenue fell to $1.67 billion

from $1.73 billion. Analysts on average had estimated sales of

$1.72 billion, according to data compiled by LSEG.

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