Earnings summaries and quarterly performance for COTY.
Executive leadership at COTY.
Board of directors at COTY.
Research analysts who have asked questions during COTY earnings calls.
Anna Lizzul
Bank of America Corporation
5 questions for COTY
Also covers: CHD, CLX, ELF +3 more
OT
Olivia Tong Cheang
Raymond James Financial, Inc.
5 questions for COTY
Also covers: BBWI, CHD, CL +13 more
Susan Anderson
Canaccord Genuity Group
5 questions for COTY
Also covers: BODI, CDXC, ELF +13 more
AH
Ashley Helgans
Jefferies
4 questions for COTY
Also covers: BBWI, ELF, IPAR +9 more
Christopher Carey
Wells Fargo & Company
4 questions for COTY
Also covers: CAG, CHD, CL +21 more
OC
Oliver Chen
TD Cowen
4 questions for COTY
Also covers: BJ, BRLT, COST +21 more
AT
Andrea Teixeira
JPMorgan Chase & Co.
3 questions for COTY
Also covers: CELH, CENT, CHD +20 more
Filippo Falorni
Citigroup Inc.
3 questions for COTY
Also covers: CELH, CHD, CL +12 more
KW
Korinne Wolfmeyer
Piper Sandler & Co.
3 questions for COTY
Also covers: AIRS, BBWI, CHD +14 more
RO
Robert Ottenstein
Evercore ISI
3 questions for COTY
Also covers: ABEV, BUD, CCEP +14 more
CC
Carla Casella
JPMorgan Chase & Co.
2 questions for COTY
Also covers: BGS, CENT, CRI +12 more
JS
Julia Shelanski
TD Securities
2 questions for COTY
MA
Mark Astrachan
Stifel
2 questions for COTY
Also covers: ARKO, CELH, CHD +7 more
PK
Patrice Kanada
Goldman Sachs Group, Inc.
2 questions for COTY
Also covers: ELF
PO
Priya Ohri-Gupta
Barclays Capital
2 questions for COTY
Also covers: JBS, JBSAY, PM +1 more
SC
Shovana Chowdhury
JPMorgan Chase & Co.
2 questions for COTY
Also covers: CENT, ENR, OLPX
Steve Powers
Deutsche Bank
2 questions for COTY
Also covers: BRBR, CHD, CL +22 more
Sydney Wagner
Jefferies
2 questions for COTY
Also covers: BBWI, ELF, IPAR +5 more
AL
Anna Lazul
Bank of America Corporation
1 question for COTY
Bonnie Herzog
Goldman Sachs
1 question for COTY
Also covers: CASY, CCEP, CELH +21 more
CT
Chris Terry
Wells Fargo & Company
1 question for COTY
Priya Uri Gupta
Barclays PLC
1 question for COTY
Stephen Robert Powers
Deutsche Bank
1 question for COTY
Also covers: BRBR, CHD, CL +20 more
Recent press releases and 8-K filings for COTY.
Coty Inc. Appoints New Executive Chairman and Interim CEO, Announces Leadership Changes
COTY
CEO Change
Board Change
Executive Compensation
- Markus Strobel has been appointed Executive Chairman of the Board and Interim Chief Executive Officer of Coty Inc., effective January 1, 2026.
- Strobel's compensation package includes an annual base salary of $1,250,000, a one-time cash sign-on bonus of $940,000, and an equity grant with a fair value of $3,000,000 in restricted stock units and 6,000,000 stock options.
- Sue Nabi will step down as Chief Executive Officer on December 31, 2025, and will receive a cash payment of approximately $1,741,575 and vesting of approximately 2,083,333 restricted stock units.
- Peter Harf will retire from the Board, effective December 31, 2025, and Patricia Capel has been appointed as a new Board member, effective January 1, 2026.
22 hours ago
Coty Appoints Markus Strobel as Executive Chairman and Interim CEO
COTY
CEO Change
Management Change
Board Change
- Coty Inc. announced the appointment of Markus Strobel as Executive Chairman of the Board and Interim Chief Executive Officer, effective January 1, 2026.
- Strobel joins Coty after a 33-year career at Procter & Gamble, where he most recently served as President of P&G’s Global Skin & Personal Care business.
- He will succeed Peter Harf, who is retiring from Coty’s Board, and Sue Nabi, who is stepping down as Chief Executive Officer.
- Strobel will lead Coty during a strategic review of the Consumer Beauty business and aims to accelerate growth and strengthen its position in beauty.
1 day ago
Coty Sells Remaining Stake in Wella to KKR
COTY
M&A
Debt Issuance
- Coty Inc. has sold its remaining 25.8% stake in Wella to KKR managed capital accounts and investment affiliates.
- The transaction provides Coty with $750 million in immediate cash proceeds and the right to 45% of any future proceeds from a further sale or initial public offering of Wella, after KKR's preferred return.
- Coty intends to use the vast majority of these upfront cash proceeds, net of tax, to pay down its short-term and long-term debt, aiming to reduce its financial net leverage to approximately 3x by the end of CY25.
- The company expects to record a material non-cash impairment charge of approximately $200 million in the second quarter ended December 31, 2025, related to this transaction.
- This sale completes Coty's multi-year Wella monetization program, achieving its original target to fully divest Wella by the end of CY25.
4 days ago
Coty Sells Remaining Wella Stake to KKR
COTY
M&A
Guidance Update
- Coty Inc. has sold its remaining 25.8% stake in Wella to KKR managed capital accounts and investment affiliates.
- The transaction provides Coty with $750 million in immediate cash proceeds.
- Coty will also receive 45% of any proceeds from a future sale or initial public offering of Wella, after KKR's preferred return.
- The company intends to use the majority of the upfront cash proceeds, net of tax, to pay down its debt, which is expected to reduce Coty's financial net leverage to approximately 3x by the end of CY25.
4 days ago
Coty Inc. Investigated for Securities Law Violations Following Stock Decline
COTY
Legal Proceedings
Demand Weakening
Profit Warning
- Bleichmar Fonti & Auld LLP is investigating Coty Inc. (NYSE: COTY) for potential violations of federal securities laws.
- The investigation stems from allegations that Coty touted strong Prestige fragrance demand while retailers were overstocked with inventory due to declining product demand.
- On August 20, 2025, Coty reported disappointing 4Q and FY 2025 financial results, attributing them to factors such as U.S. execution weaknesses, retailer inventory buildup, and a slowdown in cosmetics.
- Following this news, Coty's stock price declined $1.05 per share, over 21%, from $4.86 on August 20, 2025, to $3.81 on August 21, 2025.
Nov 19, 2025, 1:08 PM
COTY Announces Strategic Focus Post-Gucci License Expiry and Positive Outlook
COTY
Guidance Update
New Projects/Investments
M&A
- Coty has publicly announced that the Gucci license will no longer be part of its portfolio after its expiry, leading the company to optimize the Gucci brand tactically and focus on accelerating the rest of its portfolio, particularly ultra-luxury brands and those with strong recent growth.
- The company anticipates a better-than-expected Q2 and confirms a return to growth in the second half of the fiscal year, driven by strong U.S. fragrance market momentum, successful new product launches like Boss Bottle Beyond, and declining retailer inventory levels.
- Coty is conducting strategic reviews for its Brazil business and color cosmetics business to assess their full potential, with conclusions for the profitable Brazil business ($400 million) expected sooner, potentially involving a new acquirer.
- The company emphasizes the strength of its licensing model, noting that 85% of its portfolio consists of owned, perpetual, or long-term licenses, with no single brand accounting for more than approximately 10% of sales, ensuring portfolio diversification.
Nov 6, 2025, 2:30 PM
Coty Reports Q1 2026 Results and Provides Outlook
COTY
Earnings
Guidance Update
New Projects/Investments
- For Q1 2026, Coty reported that total net revenues declined 8% like-for-like , adjusted gross margin was 64.5% , adjusted EBITDA declined 18% , and adjusted EPS was $0.15.
- The company expects Q2 2026 like-for-like sales to be at the more favorable end of -3% to -5% , adjusted EBITDA to decline by a low to mid-teens % , and adjusted EPS of $0.18-$0.21. Coty anticipates net revenues will turn positive in the second half of fiscal 2026.
- Coty is committed to becoming a fragrance and scenting powerhouse, expanding into ultra-premium fragrances and fragrance mists, and has shown strong progress in improving execution in the U.S. prestige market.
- In Q1, Coty generated over $40 million in productivity savings and $10 million in fixed cost reduction, remaining on track to deliver approximately $200 million in combined fixed cost and productivity savings in fiscal 2026.
- A strategic review of the consumer beauty business is underway, which generated $1.2 billion in sales in 2025 with a gross margin of over 60%.
Nov 5, 2025, 9:45 PM
Coty Reports Q1 FY26 Results and Updates Guidance
COTY
Earnings
Guidance Update
New Projects/Investments
- Coty reported Q1 FY26 net revenues of $1,577.2 million, a 6% decrease on a reported basis and an 8% decrease on a like-for-like (LFL) basis compared to the prior year. Adjusted diluted EPS for the quarter was $0.12, a 20% decrease from the prior year.
- The company expects Q2 FY26 LFL sales to be at the more favorable end of prior guidance of a -3% to -5% LFL decline.
- Coty anticipates a return to profitable sales growth in H2 FY26 and is targeting $1 billion in adjusted EBITDA for FY26.
- Strategic initiatives include a comprehensive strategic review of its mass color cosmetics business and its Brazil business. The company is also actively pursuing the monetization of Wella to support deleveraging efforts.
Nov 5, 2025, 9:31 PM
L'Oréal Finalizes Kering Beauty Acquisition and Pursues Armani Stake
COTY
M&A
New Projects/Investments
- L'Oréal is finalizing its largest acquisition to date, purchasing Kering's beauty division for approximately $4.6 billion.
- Concurrently, L'Oréal has expressed interest in acquiring a 15% stake in the Italian luxury company Armani, a move that aligns with the wishes of Armani's late founder.
- L'Oréal's CEO, Nicolas Hieronimus, emphasized that the Kering acquisition does not affect their financial capacity or intention to support Armani.
- The Kering acquisition includes 50-year exclusive licenses to distribute products under brands such as Gucci, Bottega Veneta, and Balenciaga, effective after current licensee Coty's rights expire in 2028.
Oct 21, 2025, 11:16 AM
Kering and L'Oréal Forge Beauty and Wellness Alliance
COTY
M&A
New Projects/Investments
- Kering and L'Oréal have announced a long-term strategic partnership in luxury beauty and wellness, which includes L'Oréal's acquisition of the House of Creed.
- The agreement grants L'Oréal 50-year exclusive licenses for the creation, development, and distribution of fragrance and beauty products for Gucci (commencing after the expiration of the current license with Coty), Bottega Veneta, and Balenciaga.
- The total value of this agreement, encompassing the sale of Creed and the 50-year licenses, is €4 billion, payable in cash at closing, which is expected in the first half of 2026.
- Additionally, a 50/50 joint venture is planned to explore business opportunities in wellness and longevity.
Oct 19, 2025, 9:50 PM
Quarterly earnings call transcripts for COTY.
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