Coty announced its results for the first nine months and third quarter of fiscal year 2025, ended March 31, 2025. The company also announced a new transformation plan for future growth.

Sue Nabi, Coty’s CEO, said, 

“Across economic cycles, beauty has remained resilient for decades. Even in this challenging landscape, we have significantly strengthened our strategic, operational, and financial fundamentals, driving margin expansion, stronger cash flow generation, and substantial deleveraging over the past four years. While we are not satisfied with our net revenue performance, Coty’s strong fundamentals, coupled with our multi-pronged attack-plan for accelerating innovation, distribution, and efficiencies, gives us confidence for the years ahead.”

Overall net revenue decreased by 2% in 2025 to $4,640.5 million in the first nine months of 2025 compared to 2024.

Prestige net revenue was 66% of Coty’s total sales in Q3 ’25, with a total of $3,059.6 million. This segment experienced a 2% growth on an LFL basis. 

Consumer Beauty contributed 34% of Coty’s total sales, reaching $1,580.9 million. On a reported basis, Consumer Beauty declined 7% and declined 3% on an LFL basis.

For the first three months of 2025, compared to 2024, net revenue reached $1,299.1 million. It declined 6% on a reported basis and included a 3% headwind from FX. Coty’s Q3 net revenue declined 3% on an LFL basis.

Prestige net revenue contributed 64% of sales, reaching $829.4 million. It decreased 4% on a reported basis and declined 2.5% LFL.

Consumer Beauty net revenue reached $469.7 million, or 36% of sales. This segment decreased by 9% on a reported basis, with LFL sales declining 5%.

Sue Nabi, Coty’s CEO, continued,

“We are much more strongly positioned to navigate the current complex dynamics including tariffs and broader macroeconomic uncertainty, supported by the strategic, operational and financial fundamentals which we’ve significantly strengthened over the last four years, even in the context of the highly constrained P&L. These improved fundamentals coupled with our multi-pronged plan of attack for accelerating innovation, distribution and efficiencies, give us measured confidence that business trends should gradually improve over the course of FY26.”

Transformation Program

Coty announced the launch of the next phase of its transformative “All-in to Win” program, establishing a simplified and scaled operating model, reducing complexity across functions and markets, and sharpening its focus on top innovation and market priorities. 

The program is expected to generate annual fixed cost savings of approximately $130 million before taxes over two years. 

The combination of the fixed cost savings program and ongoing productivity savings of approximately $120 million annually is expected to deliver close to $500 million of savings between FY25 and FY27.

As part of the program, Coty is preparing for innovations under key mass fragrance brands, new fragrance lines co-developed with key retailers, and expanding into body mists and other adjacencies.

Coty will also introduce new cosmetics technologies, particularly in mascara and nail, with amplified consumer benefits.

In its Consumer Beauty brands, Coty will drive activity through e-commerce and the TikTok shop.

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