May 8, 2019 / 10:43 AM / 2 months ago

REFILE-Coty's quarterly revenue misses expectations

(Refiles to fix syntax in headline)

May 8 (Reuters) - Cosmetics maker Coty Inc reported quarterly revenue that missed Wall Street expectations on Wednesday, hit by supply chain disruptions and lower demand for its consumer beauty products that includes Cover Girl and Rimmel brands.

Net loss attributable to Coty narrowed to $12.1 million, or 2 cents per share, in the third quarter ended March 31, from $77 million, or 10 cents per share, a year earlier.

Net revenues fell 10.4 percent to $1.99 billion, missing the average analysts' estimate of $2.06 billion, according to IBES data from Refinitiv. (Reporting by Jaslein Mahil and Soundarya J in Bengaluru; Editing by Shailesh Kuber)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below