Coty (COTY) Tops Q3 EPS by 2c, Offers Guidance

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Coty Reports 3Q22 Sales Growth Ahead of Expectations and Progress Across All Metrics

May 9, 2022 6:30 AM EDT

Strong Sales Momentum in Both Divisions, Fueled by U.S., Europe, and Travel Retail
Meaningful and Continuous Gross Margin Expansion Despite Challenging Environment
Continued Progress on Deleveraging
FY22 Revenue and Profit Reaffirmed, with Adjusted EPS Guidance Raised

NEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE: COTY) ("Coty" or "the Company") today announced its results for the third quarter of fiscal year 2022, ended March 31, 2022. The Company delivered another quarter of solid financial progress and continued strong execution across its strategic growth... More