secwatch.observer — SEC 8-K summary
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Issuer:     COTY INC. (COTY)
CIK:        0001024305
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001024305-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024305/000102430524000003/0001024305-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024305/000102430524000003/coty-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001024305-24-000003

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