secwatch.observer — SEC 8-K summary
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Issuer:     COTY INC. (COTY)
CIK:        0001024305
Form:       8-K
Filed at:   2024-08-20T23:59:59+00:00
Accession:  0001024305-24-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coty FY24 LFL revenue +11%; adj. EBITDA $1.091B, above guidance; FY25 outlook in line with medium-term targets
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- FY24 net revenue $6,118M, +10% reported, +11% LFL, at upper end of 9-11% LFL guidance.
- FY24 adjusted EBITDA $1,091.1M, +12% YoY, exceeding guidance of $1,080-$1,090M.
- Q4 net revenue $1,363.4M, +1% reported, +5% LFL; adjusted operating income $108M, +3%.
- FY24 gross margin expanded 50 bps to 64.4%; adjusted operating margin 14.1%, +80 bps.
- FY25 targets: 6-8% LFL revenue growth, 9-11% adj. EBITDA growth, ~20% adj. EPS growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024305/000102430524000034/0001024305-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024305/000102430524000034/coty-20240820.htm
  HTML page:      https://secwatch.observer/filing/0001024305-24-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer