Overview
- Coty posted first‑quarter revenue of about $1.55–$1.56 billion and adjusted EPS of $0.16, beating analyst estimates while adjusted net income rose to $146.1 million and free cash flow showed marked improvement.
- The company expects adjusted earnings of $0.16 to $0.18 for the current quarter, a cautious range that sits at or below some Street forecasts.
- Interim CEO Markus Strobel has launched the Coty.Curated turnaround to focus investment on leading brands, cut costs, and boost cash generation.
- Management says higher costs for plastics, metal, packaging and shipping tied to the prolonged Middle East conflict are built into its near‑term outlook and are weighing on margin recovery.
- Marc Jacobs delivered double‑digit growth and a new 40‑year beauty license extension was reported, giving Coty longer‑term visibility for its prestige portfolio as the company completes a strategic review of its consumer business by end‑2026.