Coty Inc - Ordinary Shares - Class A

NYSE:COTY   3:52:11 PM EDT
8.32
+0.01 (+0.12%)
Other Pre-Announcement, Equity Financing / Related, Initial Public Offerings

Coty Reports Q4 Loss Per Share From Continuing Operations $0.29

Published: 08/26/2021 10:45 GMT
Coty Inc - Ordinary Shares - Class A (COTY) - Coty Inc - Qtrly Net Revenue, From Continuing Operations, $1.06 Billion, Up 81% on Lfl Basis, and Up 90% on Reported Basis.
Coty Inc - Qtrly Reported Loss per Share Attributable to Common Shareholders $0.27.
Coty Inc - All Regions Returned to Yoy Growth in Q4, U.S. and China Markets Were Standouts.
Coty Inc - Asia Pacific Grew 59% in Q4, With China Growing Double Digits on Qtrly Basis.
Coty - During Quarter Co Reduce Its Cost Base, With Savings Totaling About $70 Million; Remains on Track to Generate About $600 Million of Savings by FY23.
Coty Inc - Qtrly Loss per Share From Continuing Operations $0.29; Qtrly Adjusted Loss per Share Attributable to Shareholders $0.09.
Coty Inc - Now Expects One-time Cash Costs Associated With the Cost Savings Program to Come in About $100 Million Below the Original Target.
Coty Inc - With Two Months Into the New FY22 Year, Co is 'extremely Encouraged' by the Momentum Across the Business.
Coty - Seeing Strong Fragrance Demand Across U.S. & China, Some Early Signs of Recovery in Europe & Travel Retail, and Improving Cosmetics Trends.
Coty - Newly Relaunched Kylie Cosmetics Line is Seeing 'great Momentum' On-and Off-line in the U.S. and Across Europe.
Coty - Sees FY 2022 Adjusted EBITDA of About $900 Million on a Constant Currency Basis; Continues to Target Leverage Moving Towards 5x Exiting Cy21.
Coty - Confirms That It is Pursuing a Partial Ipo of Its Brazil Business; Intends to Remain a Controlling Shareholder of Brazil Affiliate.