Coty posted 1% reported revenue growth in 4Q, helped by a 3% foreign-exchange benefit. On a like-for-like basis, sales declined 1%, with an estimated 1% headwind from conflict in the Middle East. Consumer demand for beauty remains resilient, with continued growth in fragrances and cosmetics, although consumers are becoming increasingly selective in their purchasing decisions, the company said. Coty expects 1Q27 like-for-like revenue to decline by a low- to mid-single-digit percentage.

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.