Coty Reports Strong 2Q22 Across All Metrics, With Significant Momentum Into 3Q22
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Coty (COTY) Tops Q2 EPS by 6c, Updates FY EPS Guidance
February 8, 2022 6:32 AM ESTCoty (NYSE: COTY) reported Q2 EPS of $0.17, $0.06 better than the analyst estimate of $0.11. Revenue for the quarter came in at $1.58 billion versus the consensus estimate of $1.61 billion.
GUIDANCE:
Coty sees FY2022 EPS of $0.22-$0.26, versus the consensus of $0.26.
The strong sales and sell-out momentum in 1H22, extending through January with LFL sales growth of +13%,... More