Coty's Q3 revenues take hit amid Middle East conflict disruption

Coty reported a 1% decrease in Q3 2026 revenues due to disruptions caused by the Middle East conflict, with lower sales in the Middle East being a key factor. Despite resilient consumer demand for beauty products, the overall revenue decline was significant. Coty anticipates a slight improvement in Q4 revenues and is implementing a strategy focused on operational efficiency and core business prioritization.