Coty Ends FY22 With Double-Digit Sales And Profit Growth Ahead of Guidance

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Coty (COTY) Reports In-Line Q4 EPS

August 25, 2022 6:33 AM EDT

Coty (NYSE: COTY) reported Q4 EPS of ($0.01), in-line with the analyst estimate of ($0.01). Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $1.14 billion.

GUIDANCE:

Entering 1Q23, Coty continues to see prestige fragrance market momentum globally, coupled with strong demand growth particularly in Europe, global Travel Retail, Middle East & Africa, and Brazil. The combination of this market backdrop, and Coty\'s... More