Coty reports mixed Q4 results, guidance from Investing.com

NEW YORK – Coty Inc . (NYSE: ) reported mixed fourth-quarter results and provided fiscal 2025 guidance broadly in line with expectations, as shares fell 1% following the announcement.

The beauty company reported Q4 adjusted earnings of -$0.03, missing analysts’ estimates of $0.05. Revenue for the quarter was $1.36 billion, slightly below the consensus estimate of $1.38 billion, but up 1% year-over-year on a reported basis and up 5% on a like-for-like basis (LFL ).

For the full fiscal year 2024, Coty posted 11% growth in LFL revenue, beating the 9-11% guidance range. Adjusted EBITDA rose 12% to $1.09 billion, also beating the company’s outlook.

“Our FY24 results set a new milestone in Coty’s sustained history of top execution and market performance,” said CEO Sue Nabi. She pointed to the company’s 11% LFL growth, compared to 9% for the overall beauty market.

Looking ahead, Coty provided fiscal 2025 EPS guidance of $0.54-$0.57, largely in line with analysts’ consensus of $0.57. The company expects results in line with its mid-term targets of LFL revenue growth of 6-8% and adjusted EBITDA growth of 9-11%.

Coty’s prestige fragrance revenue grew by a mid-teens percentage point in FY24, outpacing the broader market’s 10% growth. The consumer beauty segment saw 6% growth in both reported and LFL for the year.

While Q4 results were mixed, Coty highlighted its full-year performance and outlook aligned with medium-term goals.

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