Quarterly ResultMay 5, 2026, 04:43 PM
Coty Q3 Net Revenues $1.28B; Net Loss $(408.1)M
AI Summary
Coty Inc. reported net revenues of $1,281.6 million for the three months ended March 31, 2026, a slight decrease from $1,299.1 million in the prior year. The company posted a net loss attributable to Coty Inc. of $(408.1) million, compared to a net loss of $(405.7) million in the same period last year, with diluted EPS remaining at $(0.47). The operating loss widened to $(372.0) million, significantly impacted by $362.8 million in asset impairment charges. Net cash provided by operating activities for the nine months ended March 31, 2026, increased to $421.8 million.
Key Highlights
- Net revenues for Q3 2026 were $1,281.6M, a 1.35% decrease from $1,299.1M in Q3 2025.
- Net loss attributable to Coty Inc. for Q3 2026 was $(408.1)M, widening from $(405.7)M in Q3 2025.
- Diluted EPS for Q3 2026 remained at $(0.47), unchanged from Q3 2025.
- Operating loss for Q3 2026 widened to $(372.0)M, from $(280.4)M in Q3 2025.
- Asset impairment charges significantly increased to $362.8M in Q3 2026 from $212.8M in Q3 2025.
- Prestige segment net revenues rose slightly to $830.9M in Q3 2026 from $829.4M in Q3 2025.
- Consumer Beauty segment net revenues decreased to $450.7M in Q3 2026 from $469.7M in Q3 2025.
- Net cash provided by operating activities for the nine months increased to $421.8M from $409.4M.
Price Impact
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