- Coty (NYSE:COTY +12.7%) reports revenue rose 6% on a combined constant currency basis in Q3.
- Revenue by segment: Luxury: $634.6M (+56%); Consumer Beauty: $988.6M (+102.4%); Professional: $408.9M (+626.3%).
- Geographic revenue break-up: North America: $685.1M (+120.2%); Europe: $848.4M (+111%); ALMEA: $498.61M (+109.8%).
- Adjusted gross margin rate expanded 150 bps to 63.3%.
- Adjusted operating margin rate remained flat at 10.3%.