Coty (COTY) Tops Q1 EPS by 3c

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Coty Inc. Reports First Quarter Fiscal 2018 Results

November 9, 2017 6:30 AM EST

Improving Net Revenue Trends as Strategy Starts to Deliver

Reported Operating Income Impacted by Acquisition and Restructuring Costs

Significant Growth in Adjusted Operating Income

NEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE: COTY) today announced financial results for the first quarter of fiscal year 2018, ended September 30, 2017.

    Results at a glance Three Months Ended September 30, 2017     Change YoY (in millions, except per share data)  

ReportedBasis

   

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Net revenues $ 2,238.3 >100%

7%

5% Operating income - reported 28.7 (38%) Operating income - adjusted* 195.1 17%... More