Coty Reports 3Q22 Sales Growth Ahead of Expectations and Progress Across All Metrics
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Coty (COTY) Tops Q3 EPS by 2c, Offers Guidance
May 9, 2022 6:33 AM EDTCoty (NYSE: COTY) reported Q3 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.15 billion.
GUIDANCE:
Coty sees FY2022 EPS of $0.23-$0.27, versus the consensus of $0.27.
Coty's strong revenues and sell-out momentum YTD, with LFL sales growth of +17%, reinforces Coty's confidence that its brand investments are... More