Coty Inc. Reports First Quarter Fiscal 2018 Results

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Coty (COTY) Tops Q1 EPS by 3c

November 9, 2017 6:31 AM EST

Coty (NYSE: COTY) reported Q1 EPS of $0.10, $0.03 better than the analyst estimate of $0.07. Revenue for the quarter came in at $2.24 billion versus the consensus estimate of $2.24 billion.

Commenting on Coty's performance, Camillo Pane, Coty CEO said:

Q1 was a much better quarter. We saw strong growth in Luxury, continued positive momentum in Professional and a reduced net revenue decline in the Consumer Beauty division. While results are likely to be a bit uneven from... More