Coty Inc. (COTY) Earnings
Coty Inc. is expected to report next earnings on August 19, 2026 (in NaN days), with a consensus EPS estimate of $-0.01. COTY has beaten EPS estimates in 4 of its last 12 reported quarters (average surprise -928.1% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 6, 2026 | $0.00 | $-0.03 | -3070.3% | $1.3B | +1.0% |
| Feb 5, 2026 | $0.18 | $0.14 | -22.2% | $1.7B | +25.1% |
| Nov 5, 2025 | $0.15 | $0.12 | -20.0% | $1.6B | -4.9% |
| Aug 20, 2025 | $0.01 | $-0.05 | -600.0% | $1.3B | -22.8% |
| Aug 20, 2024 | $0.05 | $-0.03 | -159.4% | $1.4B | -0.9% |
| Feb 7, 2024 | $0.20 | $0.25 | +25.0% | $1.7B | +2.9% |
| Aug 22, 2023 | $0.02 | $0.01 | -36.0% | $1.4B | +3.4% |
| Feb 8, 2023 | $0.15 | $0.22 | +46.7% | $1.5B | +1.5% |
| Aug 25, 2022 | $-0.01 | $-0.01 | -9.1% | $1.2B | +2.0% |
| Feb 8, 2022 | $0.11 | $0.17 | +54.5% | $1.6B | -1.6% |
| Aug 26, 2021 | $-0.05 | $-0.09 | -80.0% | $1.1B | +34.7% |
| Feb 9, 2021 | $0.08 | $0.17 | +112.5% | $1.4B | +41.4% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q3 FY2026 · May 6, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- On prestige sell-in vs sell-out gap: Reasons include Middle East impact, promotional environment, European retailers overstocking post-Christmas. On consumer beauty: Closed gap to category, changed to sell-out oriented with smaller bundles and innovation focus. - Innovation: Focus on right innovation with halo effect, reducing number of activities but making bigger, better ones. - Consumer engagement: Change to fewer assets, more working media, focus on advocacy. - Sell-out culture: Change company culture to sell-out oriented, ask sell-out plans for innovations, align with retailer cadence. - ROI lens: Measure all actions and media spending for ROI.
Guidance
- Expectations for Q4 and FY27 regarding selling vs sellout gap improvement. - Plan to manage oil price impact on raw materials, distribution, logistics. - Expect to improve EBITDA year-on-year trends in FY27 with focus on sell-out and managing inflation.
Segment performance
For prestige, saw some sellout growth but sell-in trailing with reasons like Middle East, promotional environment, and European retailers overstocking for Christmas. For consumer beauty, closed gap to category in unit volume and value, changed to sell-out oriented with smaller bundles and exiting smaller markets. Revenue contribution % not detailed explicitly in absolute terms provided.
Risks & headwinds
- Middle East situation impacting sales. - Higher oil prices affecting raw materials, distribution, logistics. - Elevated promotional environment affecting margins.
Analyst Q&A
Q: Filippo Falroni asked about selling versus sellout gap for prestige and consumer beauty and margin exposure to oil prices.
A: Marcus and Laurent discussed reasons for prestige sell-in vs sell-out gap and consumer beauty's progress, and Laurent talked about oil price impact on margins.
Q: Olivia Tong asked about when sell-in and sell-out would converge and building blocks for category growth.
A: Marcus discussed innovation, consumer engagement, sell-out culture, and ROI lens as building blocks.
Q: Sydney Wagner asked about repeatable strategic steps from CoverGirl and fit in mass retail.
A: Marcus talked about making CoverGirl a Gen X brand and applying model to other brands.
Q: Oliver Chen asked about sell-out culture's impact on systems, working capital, and A&P shift.
A: Marcus and Laurent discussed culture change, working capital benefits, and A&P focus on big bets.
Q: Susan Anderson asked about Orveda exit and tariffs.
A: Marcus discussed Orveda exit timeline and Laurent talked about tariffs.
Q: Charles Scotti asked about competitive environment and license disposal rumors.
A: Marcus talked about competitive environment resilience and denied license disposal rumors.
Q: Andrea Tesarov asked about brand rationalization iteration and margin impact.
A: Marcus talked about innovation iteration and margin benefits from sell-out focus.
Q: Bonnie Herzog asked about FY27 impact from Middle East and EBITDA.
A: Marcus and Laurent discussed Middle East dynamics and EBITDA trend expectations.
Q: Anna Lazoul asked about promotional environment normalization.
A: Marcus talked about managing promotional environment and revenue management.