Coty Inc - Ordinary Shares - Class A

NYSE:COTY   4:00:00 PM EDT
+0.07 (+0.89%)
: $7.94 0.00 (0.00%)
Other Pre-Announcement

Coty Inc Reported Quarterly Reported Net Revenues Of $1,390.0 Million Increased 1% Year-Over-Year

Published: 11/08/2022 12:49 GMT
Coty Inc - Ordinary Shares - Class A (COTY) - Coty Inc - Qtrly Reported Net Revenues of $1,390.0 Million Increased 1% Year-over-year.
Coty Inc - FY23 Revenue and Profit Forecast Reaffirmed.
Coty Inc - Continues to See Adjusted EPS Growth Acceleration in FY24 and Beyond Fueled by Lower Interest Expenses Consistent With Its Medium-term Targets.
Coty Inc - Continues to Expect Modest Gross Margin Expansion in Both Q2 and in FY23, Despite Elevated Inflationary Environment.
Coty Inc - Qtrly Earnings per Share $0.15; Qtrly Adjusted Earnings per Share $0.11.
Coty Inc - Exit From Russia is Estimated to Negatively Impact FY23 Sales by Approximately 2%.
Coty Inc - Based on Current Exchange Rates, Anticipates Fx Headwinds on FY23 Revenues of 6%-8%.
Further Company Coverage: Cotyn ((reuters.