Overview

* Coty ( COTY ) fiscal Q1 revenue declines 6% yr/yr, missing analyst expectations

* Adjusted EPS for fiscal Q1 misses analyst expectations

* Adjusted operating income for fiscal Q1 beats analyst expectations

Outloo

* Coty ( COTY ) expects Q2 LFL sales at the more favorable end of previous guidance of a LFL decline of -3% to -5%

* Coty ( COTY ) targets $1 bln in adjusted EBITDA for FY26

* Company continues toexpect2H26adjustedEPS to return to growth

Result Drivers

* U.S. PRESTIGE FRAGRANCE - Coty ( COTY ) reported mid-to-high single-digit growth in U.S. Prestige fragrance sell-out, aligning with market trends

* BOSS BOTTLED BEYOND - The fragrance is on track to be a top launch in Europe and Australia, unlocking opportunities in the U.S.

* FRAGRANCE MIST EXPANSION - Coty ( COTY ) expanded into new scenting adjacencies with mist launches, boosting brand sales and margins

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Miss $1.07 $1.58

Revenue bln bln (11

Analysts

)

Q1 Miss $0.12 $0.15

Adjusted (14

EPS Analysts

)

Q1 EPS $0.07

Q1 Miss $296.1 $301.9

Adjusted mln mln (8

EBITDA Analysts

)

Q1 Beat $240.5 $236.8

Adjusted mln mln (11

operatin Analysts

g income )

Q1 64.5%

Adjusted

Gross

Margin

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 12 "hold" and 2 "sell" or "strong sell"

* The average consensus recommendation for the personal products peer group is "hold"

* Wall Street's median 12-month price target for Coty Inc ( COTY ) is $4.25, about 9.9% above its November 4 closing price of $3.83

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)