— Coty Inc.’s (NYSE: COTY) second quarter 2020 adjusted EPS rose 13% year-over-year to $0.27 vs. $0.24 expected.
— Revenue decreased 6.6% to $2.35 billion vs. $2.34 billion expected.
— GAAP net loss of $21.1 million or $0.03 per share improved from $960.6 million or $1.28 per share in Q2 2019.
— For FY20, Coty continues to expect adjusted EPS to grow in mid-single digits.
— Luxury segment revenue inched down 0.1% to $1.02 billion.
— Consumer Beauty segment revenue declined 17.4% to $799.7 million.
— Professional Beauty segment revenue edged up by 0.6% to $528.8 million.
— COTY shares have gained 7% in the pre-market session immediately after the earnings announcement.
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
