Company Earnings UpdateCoty (NYSE: COTY) 4Q19 Results: Revenues Down Due to Mass Beauty Weakness, Announces Separation with Direct Sales Brand Younique Coresight Research August 30, 2019 Executive Summary Coty’s fiscal 4Q19 revenues declined 8% to $2.12 billion, meeting the consensus estimate. Adjusted EPS was $0.16, up 14.3%, in line with consensus estimate. By division, sales in the luxury division (the company’s largest division) increased 5.8% year over year (YoY), consumer beauty sales declined 11.5% YoY, and professional beauty revenues declined 3.1% YoY. Guidance for FY20 is adjusted earnings per share (EPS) of mid-single-digit growth, stable to slightly lower like-for-like (LFL) net revenues, and adjusted operating net income growth of 5-10% YoY at constant foreign exchange rates. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Groceryshop 2025 Day Two: Unlocking Growth with AI, GLP-1 Shifts and Retail MediaWeekly UK Store Openings and Closures Tracker 2025, Week 17: Sainsbury’s To Open 40 StoresAnalyst Corner: From Models to Markets—The Accelerating Shift Toward AI Applications, with Charlie PoonWeekly UK Store Openings and Closures Tracker 2025, Week 43: Gap Returns To Physical Stores
