Coty's sales drop 3.9 pct as perfume demand fades
Feb 4 (Reuters) - Coty Inc reported a 3.9 percent drop in quarterly sales, hurt by weak demand for its fragrances.
Net income attributable to the company fell to $89 million, or 25 cents per share, in the second quarter ended Dec.31, from $125.4 million, or 35 cents per share, a year earlier.
The company's revenue fell to $1.21 billion from $1.26 billion. (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Maju Samuel)
© Thomson Reuters 2017 All rights reserved.