Coty (COTY) Reports In-Line Q4 EPS

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

August 25, 2022 6:30 AM EDT

Robust Sales Growth in Both Divisions, Led by Europe and Travel Retail
Continued Gross Margin Expansion, Despite Inflationary Environment
Strong FY22 Cash Flow and Deleveraging Progress
FY23 Revenue and Profit Expected to Grow In-Line With Medium-Term Targets

NEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE: COTY) ("Coty" or "the Company") today announced its results for the fourth quarter of fiscal year 2022, ended June 30, 2022. The Company delivered its eighth consecutive quarter of results in-line to ahead of expectations, while also continuing to progress across... More