Coty posts resilient Q1 2025 results; revenue hits $1.67 billion
The modest increase in revenue came despite a 1 percent foreign exchange impact and the divestiture of the Lacoste license.
The modest increase in revenue came despite a 1 percent foreign exchange impact and the divestiture of the Lacoste license.
This follows a prior loss of $48.44 million from Sept. 27 to Oct. 17, when her stake declined from $303.06 million to $254.62 million.
Algerian-born executive Sue Nabi's net worth takes a hit as her stake in Coty slumps below $255 million.
This strategic move, driven by Coty’s robust balance sheet and strong cash flows, reaffirms the company’s commitment to enhancing shareholder value over time.