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Coty's quarterly revenue falls as U.S. sales stay weak

Thursday, 7 Nov 2013 | 6:20 AM ET

Nov 7 (Reuters) - Perfume and cosmetics maker Coty Inc reported a 2.9 percent fall in quarterly sales, hurt by weak demand for its fragrance and nail products in the United States.

Net income attributable to Coty rose to $93.5 million, or 24 cents per share, in the first quarter ended Sept. 30 from $86.7 million, or 22 cents per share, a year earlier.

Revenue fell 2.9 percent to $1.18 billion.