Coty (COTY) Misses Q4 EPS by 3c, Revenue Beats, Offers Guidance

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Coty Continues Momentum in Q4, with Topline and Profit Exceeding Guidance

August 26, 2021 6:30 AM EDT

FY21 Results Above High End of Guidance
Accelerating Progress Across Each Pillar of Strategic Plan
Strong Momentum Into FY22, with Low Teens Sales Growth Expected at Current FX Levels

NEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE: COTY) ("Coty" or "the Company") today announced another quarter of improvement in its financial results and demonstrated recovery across its operations for the fourth quarter of fiscal year 2021, ended June 30, 2021.

In Q4, revenues increased 89.6%, or 80.7% LFL, lapping the peak of COVID impact in the prior... More