---
schema_version: "secwatch.filing_event.v1"
accession: "0001024305-22-000079"
form_type: "8-K"
ticker: "COTY"
cik: "0001024305"
company_name: "COTY INC."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T02:39:03.737478+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Coty Q1 LFL sales +9% beats upwardly revised guidance; EBITDA +11%, FY23 outlook reaffirmed

## Summary
- Q1 LFL sales +9% (exceeded upwardly revised +8-9% guidance); sell-out low double digits Prestige, mid-high single digits Consumer Beauty.
- Adj. EBITDA $307.9M (+11% YoY); adj. operating income $249.6M (+24%); margin expanded 340bps to 18.0%.
- Reported EPS $0.15; adj. EPS $0.11 vs $0.08 prior, reflecting $0.04 negative mark-to-market on equity swap.
- Financial net debt $4.2B; leverage <4.5x, on track to ~4x exiting CY22; free cash flow $88.2M in Q1.
- FY23 outlook: adj. EBITDA $955-965M, adj. EPS $0.32-0.33, core LFL growth 6-8%, FX headwind 6-8% on sales.

## SEC filing metadata
- accession: 0001024305-22-000079
- form_type: 8-K
- ticker: COTY
- cik: 0001024305
- company_name: COTY INC.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1024305/000102430522000079/0001024305-22-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1024305/000102430522000079/coty-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001024305-22-000079
- JSON: https://secwatch.observer/filing/0001024305-22-000079.json
- Plain text: https://secwatch.observer/filing/0001024305-22-000079.txt

## Key facts
- Earnings Releases
  COTY INC. updated its first quarter of fiscal year 2023, ended September 30, 2022 guidance (reaffirmed).
  - Period: first quarter of fiscal year 2023, ended September 30, 2022
  - Guidance: reaffirmed
  - Result: reported results
  source text: On November 8, 2022, Coty Inc. (the “Company”) issued a press release announcing its financial results for its fiscal quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024305/000102430522000079/0001024305-22-000079-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.