Coty (COTY) Misses Q3 EPS by 1c, Revenue In Line, Offers Guidance

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Coty Profit Momentum Continues in Q3, Delivering Early Results Across Brand Portfolio

May 10, 2021 7:00 AM EDT

Prestige Brands and Asia Pacific Region Resume Growth

Over $180M Improvement in Reported Operating Income and Adjusted EBITDA, Fueled by Over 400bps of Gross Margin Expansion and Continued Cost Reductions

Executing on Strategic Plan with Early Results in Each Pillar

NEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE: COTY) ("Coty" or "the Company") today announced continued improvement in its financial results and early evidence of recovery across its operations for the third quarter of fiscal year 2021, ended March 31,... More