Coty (COTY) Misses Q1 EPS by 8c, Revenue Beats

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Go back to Coty (COTY) Misses Q1 EPS by 8c, Revenue Beats

Coty Delivers Very Strong Start to FY24 with Growth Ahead of Beauty Market

November 7, 2023 4:30 PM EST

Q1 Sales Growth Accelerates Exceeding Expectations Again

Continued Strength in Both Prestige and Consumer Beauty

Increasing FY24 Revenue and Profit Guidance

Fully on Track to Reach Leverage of ~3x Exiting CY23 and ~2.5x Exiting CY24

NEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE: COTY) ("Coty" or "the Company") today announced its results for the first quarter of fiscal year 2024, ended September 30, 2023. The Company continued to deliver strong financial momentum, with growth once again ahead of the beauty... More