---
schema_version: "secwatch.filing_event.v1"
accession: "0001024305-24-000021"
form_type: "8-K"
ticker: "COTY"
cik: "0001024305"
company_name: "COTY INC."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:37:52.322925+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Coty Q3 FY24 revenue up 10% LFL, beats guidance; FY24 outlook raised to high end

## Summary
- Q3 net revenues $1.39B, +10% LFL, ahead of H2 guidance of +6-8% LFL; Prestige LFL +13%, Consumer Beauty +6%.
- Adjusted operating income $143.9M (+17% YoY); adjusted gross margin 64.8% (+190bps YoY); adjusted EBITDA $199.9M (+10%).
- Reported net income near zero ($0.5M) vs $105.1M prior; adjusted EPS $0.05, decline driven by mark-to-market on forward repurchase contracts.
- FY24 full-year guidance raised to high end of prior range (third raise this year); e-commerce now ~20% of sales.
- Prestige fragrance share gains; growth engine markets (Brazil, LATAM, SE Asia) delivered >20% LFL growth in Q3.

## SEC filing metadata
- accession: 0001024305-24-000021
- form_type: 8-K
- ticker: COTY
- cik: 0001024305
- company_name: COTY INC.
- filed_at: 2024-05-06T23:59:59+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/1024305/000102430524000021/0001024305-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1024305/000102430524000021/coty-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001024305-24-000021
- JSON: https://secwatch.observer/filing/0001024305-24-000021.json
- Plain text: https://secwatch.observer/filing/0001024305-24-000021.txt

## Key facts
- Earnings Releases
  COTY INC. updated its the third quarter of fiscal year 2024, ended March 31, 2024 guidance (raised).
  - Period: the third quarter of fiscal year 2024, ended March 31, 2024
  - Guidance: raised
  - Result: reported results
  source text: On May 6, 2024, Coty Inc. (the “Company”) issued a press release announcing its financial results for its fiscal quarter ended March 31, 2024. The release also includes forward-looking statements about the Company’s outlook.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024305/000102430524000021/0001024305-24-000021-index.htm

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