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Financial Summary

Coty Q2 Revenues Slide 3%: Raises Profit Forecast with Demand Resilient, Plans a New Price Increase

2月 10, 2023

February 8, New York-based beauty company Coty announced its results for the second quarter of fiscal year 2023, which ended December 31, 2022. Despite significant industry-wide constraints in key fragrance components, the company continued to deliver strong financial results, maintaining progress across its strategic growth pillars.

Besides, in the first half of 2023, LFL sales growth for the core business surpassed the Company’s 1H23 guidance of +6-8% LFL growth, adjusting for the impact of the Russia exit.
During the quarter, consumer demand for beauty products, particularly …

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L’Oréal Group CEO Discusses China Market and Seven Growth Drivers
Financial Summary

L’Oréal Group CEO Discusses China Market and Seven Growth Drivers

In January 2024, the actual sales volume in the mainland China market was very optimistic, and the group was very satisfied.

2月 22, 2024
U.S. Flavor Giant IFF Recorded $12.44 Billion Net Sales with 7% up in FY 2022, with Nourish and Pharma Gained Double-digit Increases
Financial Summary

U.S. Flavor Giant IFF Recorded $12.44 Billion Net Sales with 7% up in FY 2022, with Nourish and Pharma Gained Double-digit Increases

For the full fiscal year 2022, reported net sales were $12.44 billion, showing an increase of 7% compared to the prior year period. On a comparable basis, currency-neutral sales increased by 9%, with growth achieved across all divisions, led by double-digit increases in Nourish and Pharma.

2月 14, 2023
Capri Holdings’ Sales Dropped Over 16% in Q2, with Michael Kors Asia Declining by 43%
Financial Summary

Capri Holdings’ Sales Dropped Over 16% in Q2, with Michael Kors Asia Declining by 43%

During the reporting period, Capri Holdings’ total sales revenue was $1.08 billion, reflecting a 16.4% decline compared to the previous year at both reported and constant currency rates.

11月 20, 2024