By  on February 14, 2014

Coty Inc.'s second quarter results showed just how challenging the period was for the mass fragrance and nail categories.

For the three months ended Dec. 31, net income fell 33 percent to $82.5 million, or 21 cents a diluted share, from $123.2 million, or 31 cents, a year ago. Net revenues slipped 4.1 percent to $1.32 billion from 1.38 billion a year ago.

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