Coty Inc. (COTY) Q4 2022 Earnings Call Transcript

Coty Inc. (NYSE:COTY) Q4 2022 Results Conference Call August 25, 2022 8:15 AM ET

Company Participants

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

Conference Call Participants

Stephanie Wissink - Jefferies
Nik Modi - RBC
Javier Escalante - Evercore
Olivia Tong - Raymond James
Chris Carey - Wells Fargo Securities
Steve Powers - Deutsche Bank
Korinne Wolfmeyer - Piper Sandler
Mark Astrachan - Stifel

Operator

Good day. My name is Chelsea, and I'll be your conference operator. At this time, I would like to welcome everyone to Coty's Fourth Quarter and Fiscal 2022 Question-and-Answer Conference Call. As a reminder, this conference call is being recorded today, August 25, 2022.

Please note that earlier this morning, Coty issued a press release and prepared remarks webcast, which can be found on its Investor Relations website. On today's call are 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 lines for questions.

Question-and-Answer Session

Operator

[Operator Instructions] And our first question will come from Stephanie Wissink with Jefferies.

Stephanie Wissink

We have 2 questions. The first is just on Travel Retail, China and e-commerce. Those really stood out to us in the quarter and the year as big drivers of growth. So can you talk about your expectations for those drivers in your fiscal '23 guidance, specifically China, if you can give