---
schema_version: "secwatch.filing_event.v1"
accession: "0001024305-24-000051"
form_type: "8-K"
ticker: "COTY"
cik: "0001024305"
company_name: "COTY INC."
filed_at: "2024-10-15T23:59:59+00:00"
generated_at: "2026-05-30T14:19:19.839499+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# Coty pre-announces Q1 LFL growth ~4-5% (below prior ~6%); Q1 EBITDA ~flat; reaffirms FY25 EBITDA +9-11%

## Summary
- Q1 LFL sales growth ~4-5%, below prior estimate of 6%, due to tight retailer inventory management in US, Australia, China, Travel Retail Asia.
- Q1 adjusted EBITDA expected roughly flat to moderately lower YoY despite strong gross margin expansion.
- Reiterates FY25 adjusted EBITDA growth target of +9-11% YoY, implying stronger EBITDA margin expansion than FY24's 30 bps.
- Increasing cost savings target well above initial ~$75M for FY25 to navigate cautious retailer behavior and macroeconomic uncertainty.
- Q2 LFL sales expected to grow moderately, with acceleration in H2; full Q1 results and live Q&A on Nov 6-7, 2024.

## SEC filing metadata
- accession: 0001024305-24-000051
- form_type: 8-K
- ticker: COTY
- cik: 0001024305
- company_name: COTY INC.
- filed_at: 2024-10-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1024305/000102430524000051/0001024305-24-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1024305/000102430524000051/coty-20241014.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001024305-24-000051
- JSON: https://secwatch.observer/filing/0001024305-24-000051.json
- Plain text: https://secwatch.observer/filing/0001024305-24-000051.txt

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