Coty Q2 revenue +13% as reported, adjusted EBITDA +15% to $366.4M; FY24 guidance reaffirmed

COTY INC.

2024-Q2 EPS reported $0.20 revenue$3,369,000,000

Q2 revenue +13% as reported (+11% LFL); Prestige +15% LFL, Consumer Beauty +5% LFL.
Adjusted EBITDA $366.4M (+15%, margin 21.2%); adjusted operating income $309.3M (+18%, margin 17.9%).
Q2 adjusted EPS $0.25 (incl $0.06 equity swap benefit); reported EPS $0.20.
FY24 guidance reaffirmed: LFL revenue +9-11%, adj EBITDA $1.08-1.09B, adj EPS $0.44-0.47.
CTO Gordon von Bretten to join JAB as partner and Coty board; Jean Holtzmann promoted to CBO Prestige.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COTY INC. updated its the second quarter of fiscal year 2024, ended December 31, 2023 guidance (reaffirmed).

Period: the second quarter of fiscal year 2024, ended December 31, 2023
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Coty Inc. (NYSE: COTY) ("Coty" or "the Company") today announced its results for the second quarter of fiscal year 2024, ended December 31, 2023.

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COTY INC. filing history →

Source: SEC EDGAR

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