Coty Inc. Files 8-K on Financials

TL;DR

COTY filed an 8-K on 10/15 for the period ending 10/14, updating on financial condition.

AI Summary

On October 14, 2024, Coty Inc. filed an 8-K report to disclose information regarding its results of operations and financial condition. The filing was made on October 15, 2024, and pertains to the period ending October 14, 2024. Coty Inc., incorporated in Delaware, is a company primarily involved in the perfumes, cosmetics, and other toilet preparations industry.

Why It Matters

This filing provides investors with an update on Coty Inc.'s financial performance and operational status, which can influence investment decisions.

Risk Assessment

Risk Level: low — This is a routine filing providing standard financial and operational updates, not indicating any immediate or significant risks.

Key Players & Entities

• COTY INC. (company) — Registrant
• October 14, 2024 (date) — Date of earliest event reported
• October 15, 2024 (date) — Date of report
• 212-389-7300 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.01 — which registered Class A Common Stock, $0.01 par value COTY New York Stock Exchange

Filing Documents

• coty-20241014.htm (8-K) — 35KB
• ex991pressrelease.htm (EX-99.1) — 13KB
• 0001024305-24-000051.txt ( ) — 176KB
• coty-20241014.xsd (EX-101.SCH) — 2KB
• coty-20241014_lab.xml (EX-101.LAB) — 21KB
• coty-20241014_pre.xml (EX-101.PRE) — 12KB
• coty-20241014_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On October 14, 2024, Coty Inc. (the "Company") issued a press release announcing its preliminary financial results for its fiscal quarter ended September 30, 2024. The release also includes forward-looking statements about the Company's outlook. A copy of the press release is attached as Exhibit 99.1 and is incorporated in this report by reference. The Company's preliminary estimates of its results for the three months ended September 30, 2024 are based on currently available information. Neither Deloitte & Touche LLP, the Company's independent auditors, nor any other independent accountants, have compiled, examined, or performed any procedures with respect to the preliminary estimates contained herein, nor have they expressed any opinion or any other form of assurance on such information or its achievability, and assume no responsibility for, and disclaim any association with, the preliminary estimates. The Company has not completed its internal closing procedures and related controls with respect to the financial information for the three months ended September 30, 2024 presented above. In connection with its quarterly closing and review, the Company may identify items that would require it to make adjustments to the preliminary estimates set forth above and such adjustments may be significant. As a result, the Company's final results for the period may vary from the preliminary estimates presented above. The Company's actual results will not be finalized until around November 6, 2024 and may differ materially from the above estimates. Accordingly, you should not place undue reliance upon these preliminary estimates. See "Forward-Looking Statements." In addition, the Company's expected LFL sales growth and adjusted EBITDA are forward-looking non-GAAP financial measures. The Company does not provide reconciliations of such forward-looking non-GAAP measures to GAAP due to the inherent difficulty in forec

Forward Looking Statements

Forward Looking Statements This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, are forward-looking statements. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by words or phrases, such as "anticipate", "are going to", "estimate", "plan", "project", "expect", "believe", "intend", "foresee", "forecast", "will", "may", "should", "outlook", "continue", "temporary", "target", "aim", "potential", "goal" and similar words or phrases. Forward-looking statements contained in this press release are based on certain assumptions and estimates that we consider reasonable, but are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause actual events or results (including our financial condition, results of operations, cash flows and prospects) to differ materially from such statements. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include the risks and uncertainties described in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date of this release, and Coty does not undertake any obligation, other than as may be required by applicable law, to update or revise any forward-looking or cautionary statements to reflect changes in assumptions, the occurrence of events, unanticipated or otherwise,

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits: Exhibit No. Description 99.1 Press release regarding preliminary financial results , dated O ctober 1 4 , 2024, of the Company. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Coty Inc. (Registrant) Date: October 15, 2024 By: /s/ Laurent Mercier Laurent Mercier Chief Financial Officer