Coty (COTY) Tops Q2 EPS by 10c, Revenues Miss
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Coty Maintains Momentum in Q2
February 9, 2021 6:45 AM ESTContinued Improvement In Profit and Net Debt Reduction, with Revenues In Line
FY21 Fixed Cost Savings Target Increased to ~$300M
Strong Strategic Progress in Prestige Business Especially in U.S. and China, and E-Commerce
NEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE: COTY) today announced continued improvement in financial results for the second quarter of fiscal year 2021, ended December 31, 2020.
In Q2, Coty reported adjusted operating income of $188.4 million, up 7% versus last year, with a reported operating income of $17.0 million. Strong... More
