Coty, Inc. (COTY) Tops Q4 EPS by 1c

Coty Inc. Reports Fiscal 2015 Fourth Quarter and Full Year Results

August 13, 2015 7:00 AM EDT

Strong Fiscal 2015 Adjusted Earnings Per Share Growth of 22%

Global Efficiency Plan Savings Target Expanded by $70 Million to $270 Million

$700 Million Class A Share Repurchase Program Announced

NEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE: COTY) today announced financial results for the fourth quarter and fiscal year ended June 30, 2015.

  Results at a glance   Three Months Ended June 30, 2015   Year Ended June 30, 2015   Change   Change (in millions, except per share data)   Reported Basis  

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  Reported Basis  

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Net revenues $ 1,019.5 (2 %) 7 % $ 4,395.2 (3 %) 2 % Like-for-like* 0 % 0 % Operating (loss) income - reported (23.4 )... More

Coty Inc. Announces $700 Million Class A Share Repurchase Authorization

August 13, 2015 7:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE: COTY) today announced that its Board of Directors has approved a $700 million share repurchase authorization of its Class A common stock. This authorization includes any amounts remaining under the existing stock repurchase authorization.

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