Targeting ~$130M of Fixed Cost Savings in Addition to ~$240M of Ongoing Productivity Savings Over Next 2 Years Cumulative Savings Expected to Reach ~$1.2B Since Program Initiation in FY21 Regulatory News: Coty, Inc. (NYSE:COTY) (PARIS:COTY), one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today launched the next phase of its transformative "All-in to Win" program. The strategic initiative will establish a simplified and scaled operating model, reduce complexity across functions and markets, and sharpen its focus on top innovation and market priorities. Sue Nabi, CEO of Coty, said: "We are committed

MSCI ESG Rating has been upgraded to A from BB Sustainalytics ESG rating now at low risk and 3rd among Household Product companies Coty Inc. (NYSE:COTY) (PARIS:COTY) ("Coty" or "the Company") one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is proud to announce improvements in its Environmental, Social, and Governance (ESG) ratings from both MSCI and Sustainalytics. This achievement underscores Coty's dedication to advancing sustainability across all aspects of its business. Coty's MSCI ESG Rating has been upgraded to A from BB. This improvement reflects enhanced performance across several key ESG are

Stake acquired by SKIMS for next chapter of brand journey Coty to use proceeds to progress deleveraging strategy and invest in wider brand portfolio innovations Coty Inc. (Coty Inc. (NYSE: COTY) (PARIS:COTY) ("Coty" or "the Company") today announced the conclusion of its partnership with Kim Kardashian and the SKKN by Kim ("SKKN") brand, with the closing of the sale of its 20% stake in the brand to SKIMS. Following the transaction, SKIMS will be uniting the beauty and lifestyle ventures under one brand. Anna von Bayern, CEO of Kylie Cosmetics and leader of Kim Kardashian's beauty business at Coty, says: "Since Coty's establishment over 120 years ago, we have remained at the forefront of

Experts discuss the impacts of restrictive beauty standards Urges major English dictionary publishers to revise outdated definitions of beauty Invites the public to sign the #UndefineBeauty petition at change.org Coty (NYSE:COTY) (PARIS:COTY), one of the world's largest beauty companies, with an iconic portfolio of brands across fragrance, color cosmetics, skin and body care, hosted a cross-industry roundtable to discuss restrictive beauty ideals and definitions. As the next chapter of the award-winning #UndefineBeauty campaign, the panel debunks beauty myths and includes perspectives on neuroscience, art, social media, sociology, and mental health, and underscores the need for colle

Coty to Overdrive Fragrance Category Across Price Points, from $5 to $500 Leading Position and Capabilities in Fragrances, Plus Multi-Category Expertise, to Fuel Expansion On Track to Deliver Leading TSR Through Profit, EPS, and Free Cash Flow Expansion Strong Progress Towards ~2x Leverage Target Exiting CY26 Regulatory News: Coty (NYSE:COTY) (PARIS:COTY), one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is pleased to confirm that Chief Executive Officer Sue Nabi and Chief Financial Officer Laurent Mercier will present at the 2025 Consumer Analyst Group of New York Conference (CAGNY) on Wednesday, F

Robust Gross Margin Expansion And Sustained Brand Investments Reaches Coty's Lowest Leverage in Over 8 Years APAC Region and FX Headwinds Weigh on Q2 Sales On Track for Continued FY25 Margin Expansion and EPS Growth Regulatory News: Coty Inc. (NYSE:COTY) (PARIS:COTY) ("Coty" or "the Company") today announced its results for the first half and second quarter of fiscal year 2025, ended December 31, 2024. Across both periods, the Company delivered strong gross and operating margin expansion, while continuing to invest behind its brands and execute across its strategic growth pillars. In 1H25, Coty's reported net revenue decreased 1% year-over-year and included a 2% negative impact

Tender Offer Increased to $300 Million and Fully Subscribed Tender Offer is a Continuation of Coty's Deleveraging Agenda Coty Inc. (NYSE:COTY) (PARIS:COTY) ("Coty" or the "Company") announced today the early results of its previously announced tender offer to purchase for cash up to $300,000,000 aggregate principal amount (the "Notes Cap") (reflecting a $50,000,000 increase from the previously announced cap of $250,000,000) of its outstanding 5.000% Senior Secured Notes due 2026 (the "Notes"). Such offer to purchase is referred to herein as the "Tender Offer." The Tender Offer is being made pursuant to the terms and conditions set forth in the Offer to Purchase, dated November 6, 2024 (

Concurrently Announces Full Redemption of 4.750% Senior Notes due 2026 Tender Offer and Redemption Continue Coty's Deleveraging Agenda Regulatory News: Coty Inc. (NYSE:COTY) (PARIS:COTY) ("Coty" or the "Company") today announced its offer to purchase for cash up to $250,000,000 aggregate principal amount (subject to increase) (the "Notes Cap") of its outstanding 5.000% Senior Secured Notes due 2026 (the "Notes"). Such offer to purchase is referred to herein as the "Tender Offer." Title of Security Security Identifiers Principal Amount Outstanding Tender Offer Consideration(1)(2) Early Tender Premium(1)(2) Total Consideration(1)(2)(3) 5.000% Senior Secured N

Q1 Sales Inline with Pre-Announcement, With 2% Reported and 4.5% LFL Growth Strong Gross Margin Expansion And Sustained Brand Investments Reiterated FY25 EBITDA Underpinned by Accelerating Actions to Adapt Coty for Future Success Regulatory News: Coty Inc. (NYSE:COTY) (PARIS:COTY) ("Coty" or "the Company") today announced its results for the first quarter of fiscal year 2025, ended September 30, 2024. The Company delivered continued sales and gross margin expansion in the first quarter, while continuing to invest behind its brands for the long term and execute across its strategic growth pillars. In 1Q25, Coty's net revenues grew 2% on a reported basis and included a 1% headwind from F

Coty surpasses Scope 1 and 2 emissions reduction targets and achieves a significant 65% reduction in Scope 3 air freight emissions. Establishes ambitious new targets for sustainable packaging and water use. Rejoins the Ellen MacArthur Foundation as a Network Member to implement and scale circular design. Achieves gender balance in leadership target ahead of 2025 commitment. Today, Coty (NYSE:COTY) releases its FY24 Sustainability Report, showcasing its significant progress across environmental goals, reaffirming its commitment to a more sustainable beauty industry, and exceeding certain key targets set for 2030 well ahead of schedule. As the beauty powerhouse celebrates its 120th y

4 - COTY INC. (0001024305) (Issuer)

4 - COTY INC. (0001024305) (Issuer)

4 - COTY INC. (0001024305) (Issuer)

4 - COTY INC. (0001024305) (Issuer)

Raymond James downgraded Coty from Outperform to Mkt Perform

BofA Securities downgraded Coty from Buy to Underperform and set a new price target of $4.50

Exane BNP Paribas downgraded Coty from Outperform to Neutral and set a new price target of $5.65

Barclays reiterated coverage of Coty with a rating of Underweight and set a new price target of $5.00 from $6.00 previously

Berenberg initiated coverage of Coty with a rating of Buy and set a new price target of $7.50

Citigroup upgraded Coty from Neutral to Buy and set a new price target of $8.00 from $7.00 previously

Goldman initiated coverage of Coty with a rating of Neutral and set a new price target of $9.00

TD Cowen downgraded Coty from Buy to Hold and set a new price target of $8.50 from $11.00 previously

Barclays downgraded Coty from Equal Weight to Underweight and set a new price target of $7.00 from $8.00 previously

Deutsche Bank reiterated coverage of Coty with a rating of Buy and set a new price target of $12.00 from $14.00 previously

Robust Gross Margin Expansion And Sustained Brand Investments Reaches Coty's Lowest Leverage in Over 8 Years APAC Region and FX Headwinds Weigh on Q2 Sales On Track for Continued FY25 Margin Expansion and EPS Growth Regulatory News: Coty Inc. (NYSE:COTY) (PARIS:COTY) ("Coty" or "the Company") today announced its results for the first half and second quarter of fiscal year 2025, ended December 31, 2024. Across both periods, the Company delivered strong gross and operating margin expansion, while continuing to invest behind its brands and execute across its strategic growth pillars. In 1H25, Coty's reported net revenue decreased 1% year-over-year and included a 2% negative impact

Q1 Sales Inline with Pre-Announcement, With 2% Reported and 4.5% LFL Growth Strong Gross Margin Expansion And Sustained Brand Investments Reiterated FY25 EBITDA Underpinned by Accelerating Actions to Adapt Coty for Future Success Regulatory News: Coty Inc. (NYSE:COTY) (PARIS:COTY) ("Coty" or "the Company") today announced its results for the first quarter of fiscal year 2025, ended September 30, 2024. The Company delivered continued sales and gross margin expansion in the first quarter, while continuing to invest behind its brands for the long term and execute across its strategic growth pillars. In 1Q25, Coty's net revenues grew 2% on a reported basis and included a 1% headwind from F

Strong Revenue Growth Across Prestige and Consumer Beauty in FY24 Solid Gross Margin Expansion Supported by Multi-Lever Strategy FY25 Guidance In-line with Medium-Term Targets, Including Expected Sequential Growth Improvement in Q1 and 1H25 Regulatory News: Coty Inc. (NYSE:COTY) (PARIS:COTY) ("Coty" or "the Company") today announced its results for the full fiscal year 2024 and the fourth quarter, ended June 30, 2024. The Company delivered its fourth year of results ahead of or in-line with expectations, while consistently executing across its strategic growth pillars. In FY24, total net revenues grew 10% on a reported and 11% on a LFL basis, at the upper end of Coty's FY24 guidan

Q3 Sales Exceed Expectations on Prestige Share Gains and Strength in Beauty Demand Continuing Expansion in Operating Income and Margin FY24 Outlook Raised to High End of Guidance Range Coty Inc. (NYSE:COTY) (PARIS:COTY) ("Coty" or "the Company") today announced its results for the third quarter of fiscal year 2024, ended March 31, 2024. The Company's strong above-market sales growth, reported and adjusted operating income growth, and reported and adjusted gross and operating margin expansion in Q3 solidifies nearly four years of Coty reporting results in-line to ahead of expectations. In 3Q24, Coty's net revenues grew 8% on a reported basis and 10% on a LFL basis, with reported and

Q2 and 1H24 Sales Above Expectations on Strong Beauty Demand and Leading Innovation Strong Expansion in EBITDA and EBITDA Margin Leverage of ~3x Exiting CY23, In-line with Guidance FY24 Financial Guidance Reiterated Strengthened Portfolio With New Luxury License, Marni, and Multiple License Extensions Regulatory News: Coty Inc. (NYSE:COTY) (PARIS:COTY) ("Coty" or "the Company") today announced its results for the second quarter of fiscal year 2024, ended December 31, 2023. The Company's strong sales growth ahead of the beauty market, profit growth, and operating and EBITDA margin expansion in Q2 marked the 14th consecutive quarter of results in-line to ahead of expectations. Coty's st

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 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 market, while consistently executing across its strategic growth pillars. This marks the 13th consecutive quarter of operational results inline to ahead of expectations. Coty's strong Q1 sales growth of 18%,

Very Strong Sales Growth in Both Divisions in Q4 and FY23, Ahead of Expectations Continued Gross and Operating Margin Expansion FY24 Sales Growth Outlook At Top of Mid Term Target Range, Coupled with Margin Expansion Continues to Target Leverage Towards 3x Exiting CY23 and ~2.5x Exiting CY24 Fully on Track With Medium Term Growth Algorithm Coty Inc. (NYSE:COTY) ("Coty" or "the Company") today announced its results for the fourth quarter of fiscal year 2023, ended June 30, 2023. The Company delivered its twelfth consecutive quarter of results in-line to ahead of expectations, while consistently executing across its strategic growth pillars. Coty's strong Q4 performance, with double digit

Sales Growth Accelerates, Led by Both Prestige & Consumer Beauty Strategic Investments into Skincare Pillar to Fuel Growth Flywheel in Coming Years FY23 Revenue and EPS Guidance Increased, with Profit Reaffirmed Continues to Target Leverage Towards 3x Exiting CY23 Coty Inc. (NYSE:COTY) ("Coty" or "the Company") today announced its results for the third quarter of fiscal year 2023, ended March 31, 2023. The Company continued to deliver strong financial results, while consistently executing across its strategic growth pillars. Coty's strong Q3 sales performance came in well ahead of expectations and recently raised guidance, fueled by accelerating demand for prestige fragrances, retailer

Sales, Gross Margin and Profit Delivery Ahead of Guidance January Sales Growth Trends Accelerating Sequentially FY23 Revenue and Profit Reaffirmed, with Increased EPS Guidance Continues to Target Leverage Towards 3x Exiting CY23 Increased FY24 & FY25 Savings To Support Financial Flexibility and Higher Skincare Investment Coty Inc. (NYSE:COTY) ("Coty" or "the Company") today announced its results for the second quarter of fiscal year 2023, ended December 31, 2022. The Company continued to deliver strong financial results, maintaining progress across its strategic growth pillars. Coty's strong Q2 sales performance came in ahead of expectations, despite significant industry-wide constraints

Sales Growth Well Ahead of Beauty Market, with Strong Gross Margin and Profit Expansion Prestige Double-Digit Sell-Out Growth Continues to Lead, Fueled by Strong Fragrance Demand FY23 Revenue and Profit Reaffirmed Committed to Leverage Towards 4x Exiting CY22 and Towards 3x Exiting CY23 Advancing ESG Strategy, with Top Quartile ESG Rating from Sustainalytics Coty Inc. (NYSE:COTY) ("Coty" or "the Company") today announced its results for the first quarter of fiscal year 2023, ended September 30, 2022. The Company continued to deliver strong financial progress, with further execution across each of its strategic growth pillars. Coty's Q1 sales performance was once again well ahead of the un

Experts discuss the impacts of restrictive beauty standards Urges major English dictionary publishers to revise outdated definitions of beauty Invites the public to sign the #UndefineBeauty petition at change.org Coty (NYSE:COTY) (PARIS:COTY), one of the world's largest beauty companies, with an iconic portfolio of brands across fragrance, color cosmetics, skin and body care, hosted a cross-industry roundtable to discuss restrictive beauty ideals and definitions. As the next chapter of the award-winning #UndefineBeauty campaign, the panel debunks beauty myths and includes perspectives on neuroscience, art, social media, sociology, and mental health, and underscores the need for colle

Coty (NYSE:COTY) (PARIS:COTY), one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, has won this year's Euronext Best Listing Award in the Large Cap category, at the 12th edition of the Euronext Annual Conference held on March 19, 2024 in Paris. The award recognizes the success of Coty's global offering, the largest to date on Euronext Growth®. The secondary listing on Euronext Paris was a resounding success for the company, raising €339.2 million, making it the 47th listing on Euronext in 2023 and the 11th international listing. This success was driven by strong interest amongst top-tier European institutiona

Today, Coty (NYSE:COTY), one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, announced the appointment of Caroline Andreotti as its Chief Commercial Officer (CCO) for Prestige, effective April 1st, following Isabelle Bonfanti stepping down from the role after 2.5 years. Caroline, currently EVP global premium skincare, is a highly experienced and respected leader at Coty, with more than 20 years of experience across the beauty industry, 15 of which has been with Coty. She has deep expertise in the Asian market, having worked in the region through much of her career, and an outstanding track record in fragra

Today, Coty (NYSE:COTY), one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, announced the appointment of Lubomira Rochet to its Board of Directors, effective January 2, 2023. Lubomira Rochet is a Partner at JAB Holding Company and brings over twenty years of experience in business and digital transformation. She previously served as Chief Digital Officer and member of the Executive Committee at L'Oréal for seven years (2014-2021), where she transformed the cosmetics company to a "digital-first" business across 35 international beauty brands and 120 markets. Rochet's work and impact was recognized in 2019,

Sklavenitis brings over two decades of international management experience in beauty, luxury and retail Coty Inc. (NYSE:COTY), one of the world's leading beauty companies and the global leader in fragrances, today announced the appointment of Constantin Sklavenitis to the role of Chief Prestige Brands Officer. Sklavenitis will take up the role on September 6. Sklavenitis joins Coty from M·A·C Cosmetics where he was Senior Vice President/General Manager of North America. Reporting to the CEO, Sue Y. Nabi, Sklavenitis will be overseeing all prestige brands. He will be responsible for one of Coty's strategic growth pillars, namely to become a key player in Prestige make-up and expand on skin

Prestige Brands and Asia Pacific Region Resume Growth Over $180M Improvement in Reported Operating Income and Adjusted EBITDA, Fueled by Over 400bps of Gross Margin Expansion and Continued Cost Reductions Executing on Strategic Plan with Early Results in Each Pillar Coty Inc. (NYSE:COTY) ("Coty" or "the Company") today announced continued improvement in its financial results and early evidence of recovery across its operations for the third quarter of fiscal year 2021, ended March 31, 2021. In Q3, revenues declined 3%, or 5.5% LFL, in a persisting COVID context in Europe and select regions. At the same time results were buoyed by +20% LFL growth in Asia Pacific, 30% growth in e-commerce

NEW YORK--(BUSINESS WIRE)--Coty Inc. (NYSE: COTY) today announced continued improvement in financial results for the second quarter of fiscal year 2021, ended December 31, 2020. In Q2, Coty reported adjusted operating income of $188.4 million, up 7% versus last year, with a reported operating income of $17.0 million. Strong profit performance in the quarter was fueled by fixed costs savings, which totaled approximately $80 million, consistent with Q1. The strong delivery in 1H21 coupled with the acceleration of certain projects into the year are driving an increase to the savings target for FY21, now expected to be approximately $300 million compared to the previous target of ove

NEW YORK--(BUSINESS WIRE)--Coty Inc. (NYSE: COTY), one of the world’s leading beauty companies and the global leader in fragrances, today announced two leaders to drive its Consumer Beauty organization. Stefano Curti will join the company as Chief Brands Officer, Consumer Beauty, while Alexis Vaganay will be promoted to Chief Commercial Officer, Consumer Beauty. The appointments come as CEO Sue Y. Nabi strengthens her leadership team, following the recent additions of Isabelle Bonfanti as Chief Commercial Officer, Luxury, and Jean-Denis Mariani as Chief Digital Officer. Stefano Curti joins Coty this week as Chief Brands Officer, Consumer Beauty and will be based in New York. Curti

10-Q - COTY INC. (0001024305) (Filer)

8-K - COTY INC. (0001024305) (Filer)

8-K - COTY INC. (0001024305) (Filer)

8-K - COTY INC. (0001024305) (Filer)

8-K - COTY INC. (0001024305) (Filer)

10-Q - COTY INC. (0001024305) (Filer)

8-K - COTY INC. (0001024305) (Filer)

8-K - COTY INC. (0001024305) (Filer)

DEFA14A - COTY INC. (0001024305) (Filer)

DEF 14A - COTY INC. (0001024305) (Filer)