Coty Inc. (COTY) CEO Sue Nabi on Q3 2022 Results - Earnings Call Transcript

May 09, 2022 9:31 AM ETCoty Inc. (COTY) StockCOTY
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Q3: 2022-05-09 Earnings Summary

EPS of $0.03 beats by $0.02
 | Revenue of $1.19B (15.41% Y/Y) beats by $32.42M

Coty Inc. (NYSE:COTY) Q3 2022 Earnings Conference Call May 9, 2022 8:15 AM ET

Company Participants

Sue Nabi - Chief Executive Officer
Laurent Mercier - Chief Financial Officer

Conference Call Participants

Andrea Teixeira - JPMorgan
Steph Wissink - Jefferies
Robert Ottenstein - Evercore
Nik Modi - RBC Capital
Wendy Nicholson - Citi
Steve Powers - Deutsche Bank
Olivia Tong - Raymond James.
Chris Carey - Wells Fargo
Mark Astrachan - Stifel

Operator

Good morning. My name is Katie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coty Third Quarter Fiscal 2022 Question-and-Answer Conference Call. As a reminder, this conference call is being recorded today, May 9, 2022. Please note that earlier this morning, Coty issued a press release and prepared remarks, which can be found on our Investor Relations website.

On today's call is Sue Nabi, Chief Executive Officer; and Laurent Mercier, Chief Financial Officer. I would like to remind you that many of the comments today may contain forward-looking statements. Please refer to Coty's earnings release and the reports filed with the SEC where the company lists factors that could cause actual results to differ materially from those forward-looking statements.

In addition, except where noted, the discussion of Coty's financial results and Coty's expectations reflect certain adjustments as specified in the non-GAAP financial measures section of the company's release.

With that, we will now open the line for questions.

Question-and-Answer Session

Operator

Thank you. Our first question today will come from Andrea Teixeira with JPMorgan. Please, go ahead.

Andrea Teixeira

Hi. Good morning, everyone. I just wanted to, Sue, if you can, kind of, elaborate a little bit more what is implied in your assumptions for the fourth quarter fiscal, I will guess, in light with the commentary that you made on the press release and prepared

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