Coty reports solid q1 growth fueled by prestige fragrances, outperforming beauty market

New york--(business wire)--regulatory news: coty inc. (nyse: coty) (paris: coty) ("coty" or "the company") today announced its results for the first quarter of fiscal year 2025, ended september 30, 2024. the company delivered continued sales and gross margin expansion in the first quarter, while continuing to invest behind its brands for the long term and execute across its strategic growth pillars. in 1q25, coty's net revenues grew 2% on a reported basis and included a 1% headwind from fx and.
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