Coty Inc. Reports Fiscal 2019 Fourth Quarter and Full Year Results, In-line with Guidance

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Coty (COTY) Reports In-Line Q4 EPS; Provides FY20 Business Outlook

August 28, 2019 6:32 AM EDT

Coty (NYSE: COTY) reported Q4 EPS of $0.16, in-line with the analyst estimate of $0.16. Revenue for the quarter came in at $2.12 billion versus the consensus estimate of $2.11 billion.

Commenting on the operating results, Pierre Laubies, Coty CEO said:

"2019 is the beginning of a new phase in Coty's journey, but I am pleased to start delivering against the targets we shared with you in February, with FY19 adjusted EPS of $0.65, constant currency adjusted operating income of $992 million, and... More