---
schema_version: "secwatch.filing_event.v1"
accession: "0001024305-23-000048"
form_type: "8-K"
ticker: "COTY"
cik: "0001024305"
company_name: "COTY INC."
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T11:32:32.647862+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Coty raises Q4 FY23 like-for-like revenue growth outlook to 12-15%, boosts FY23 EBITDA guidance to $965-970M

## Summary
- Q4 FY23 LFL revenue growth now +12-15%, up from prior +10% outlook.
- FY23 core LFL revenue growth raised to 10-11% (ex-Russia exit) vs prior 9-10%.
- FY23 adjusted EBITDA guided to $965-970M, up from $955-965M despite $70M FX headwind.
- Company maintains leverage target of ~3x by end of CY23 and ~2x by end of CY25.
- Coty also announced exploration of a dual listing on Paris Euronext.

## SEC filing metadata
- accession: 0001024305-23-000048
- form_type: 8-K
- ticker: COTY
- cik: 0001024305
- company_name: COTY INC.
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1024305/000102430523000048/0001024305-23-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1024305/000102430523000048/coty-20230706.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001024305-23-000048
- JSON: https://secwatch.observer/filing/0001024305-23-000048.json
- Plain text: https://secwatch.observer/filing/0001024305-23-000048.txt

## Key facts
- Earnings Releases
  COTY INC. reported FY23 results: revenue 10-11% on a like-for-like (LFL) basis. Guidance raised.
  - Period: FY23
  - Revenue: 10-11% on a like-for-like (LFL) basis
  - Guidance: raised
  - Result: guidance update
  source text: Coty now expects FY23 core revenue growth of 10-11% on a like-for-like (LFL) basis, when excluding the impact of the Russia exit, which is ahead of its previous outlook for 9-10% LFL growth
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024305/000102430523000048/0001024305-23-000048-index.htm
- Earnings Releases
  COTY INC. reported Q4 FY23 results: revenue +12-15% on a like-for-like (LFL) basis. Guidance raised.
  - Period: Q4 FY23
  - Revenue: +12-15% on a like-for-like (LFL) basis
  - Guidance: raised
  - Result: guidance update
  source text: increasing its guidance on Q4 FY23 revenue growth to +12-15% on a like-for-like (LFL) basis, up from its previous outlook for +10% growth
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024305/000102430523000048/0001024305-23-000048-index.htm

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