Coty Inc - Ordinary Shares - Class A

NYSE:COTY  
6.32
-0.11 (-1.71%)
Other Pre-Announcement

Coty Reports Q4 Loss Per Share $0.34; Qtrly Adjusted Loss Per Share $0.01

Published: 08/25/2022 10:47 GMT
Coty Inc - Ordinary Shares - Class A (COTY) - Coty - Qtrly Loss per Share $0.34; Qtrly Adjusted Loss per Share $0.01.
Coty - 4q22 Net Revenues Increased 10% As Reported, 16% on Lfl Basis, Including Over 150 Bps of Negative Impact From Its Russia Business Exit.
Coty - Expects FY23 Adjusted EPS Growth in Mid-teens.
Coty - Qtrly Reported Net Revenues of $1,168.3 Million Increased 10% Year-over-year.
Coty - Qtrly Prestige Segment Net Revenues $662.8 Million Versus $571.3 Million.
Coty - Targeting FY23 Adjusted EBITDA of $955 Million-$965 Million Based on Current Fx Rates.
Coty - Qtrly Consumer Beauty Segment Net Revenues $505.5 Million Versus $491.1 Million.
Coty - Anticipates Fx Headwinds on Revenues in FY23 to Be 4%-5%.
Coty - FY23 Revenue and Profit Expected to Grow In-line With Medium-term Targets.
Coty - Entering 1q23, Continues to See Prestige Fragrance Market Momentum Globally.
Further Company Coverage: Cotyn ((reuters.
Briefs@thomsonreuters.
Com;)).