The two strong female fragrance launches this fiscal year demonstrate clear progress on Coty's strategy to further elevate its position in the large female fragrance market. This was driven by the continued in-market success of Coty's Q1 fragrance innovations, Gucci Flora Gorgeous Gardenia and Burberry Hero, combined with the success of Q3 launches of Hugo Boss The Scent Le Parfum and Burberry Her EDT. Prestige fragrance sales continued to accelerate, increasing over 20% in Q3, with particularly strong growth from Gucci Beauty, Chloe, Burberry, and Hugo Boss. E-commerce maintained its momentum, with double digits e-commerce sales growth in Q3 and YTD, supporting high teens e-commerce penetration, even as stores re-opened.Ĭoty's Prestige segment reported very robust sales growth of 21% versus the prior year and 25% on a LFL basis, even as reductions in value distribution had a low single digit negative impact on growth. Geographically, revenue growth was fueled by the continued recovery in many EMEA markets, a strong rebound in Travel Retail, and continued momentum in the U.S. Sales were driven by strong results in both Prestige and Consumer Beauty, with overall revenue growth inline with sell-out performance. In Q3, Coty's sales increased 15% as reported and 19% on an LFL basis, ahead of its prior guidance of mid-teens LFL growth. The Company delivered another quarter of solid financial progress and continued strong execution across its strategic growth pillars. (NYSE: COTY) ("Coty" or "the Company") today announced its results for the third quarter of fiscal year 2022, ended March 31, 2022. Meaningful and Continuous Gross Margin Expansion Despite Challenging EnvironmentįY22 Revenue and Profit Reaffirmed, with Adjusted EPS Guidance RaisedĬoty Inc. Don’t forget your cuticle oil for instantly healthier nails and cuticles.Strong Sales Momentum in Both Divisions, Fueled by U.S., Europe, and Travel Retail Pair with the Top Coat to extend shine and wear. Finish by applying Color Therapy Nail & Cuticle Oil for nails and cuticles that instantly look healthier, restored, and rejuvenated. Step 3: Top it off with Color Therapy Top Coat for glossy shine and extended wear. Step 2: Apply a second coat of Color Therapy and let dry thoroughly. Step 1: Apply one coat of Color Therapy to clean, dry, nails and allow to dry for 2-3 minutes. Product SpecificationīUTYL ACETATE, ETHYL ACETATE, NITROCELLULOSE, ACETYL TRIBUTYL CITRATE, TOSYLAMIDE/EPOXY RESIN, ISOPROPYL ALCOHOL, SILICA, SYNTHETIC FLUORPHLOGOPITE, STEARALKONIUM BENTONITE, TRIPHENYL PHOSPHATE, ADIPIC ACID/NEOPENTYL GLYCOL/TRIMELLITIC ANHYDRIDE COPOLYMER, ISOSORBIDE DICAPRYLATE/CAPRATE, STYRENE/ACRYLATES COPOLYMER, RICINUS COMMUNIS (CASTOR) SEED OIL, CALCIUM SODIUM BOROSILICATE, ETOCRYLENE, DIACETONE ALCOHOL, HEXANAL, KAOLIN, AQUA/WATER/EAU, PHOSPHORIC ACID, STEARALKONIUM HECTORITE, ARGANIA SPINOSA KERNEL OIL, OENOTHERA BIENNIS (EVENING PRIMROSE) OIL, EUTERPE OLERACEA FRUIT OIL, n-BUTYL ALCOHOL, HELIANTHUS ANNUUS (SUNFLOWER) SEED OIL, CARTHAMUS TINCTORIUS (SAFFLOWER) SEED OIL, BUTYLENE GLYCOL, MACROCYSTIS PYRIFERA (KELP) EXTRACT, HYDROLYZED CONCHIOLIN PROTEIN, TOCOPHEROL, METHYLPARABEN, TIN OXIDE. Up to 10 days of fade-proof, chip-resistant wear. Upon use, 9 out of 10 women experienced noticeable improvement on natural nails. Color + Care! Beautiful colors infused with argan oil provide intense nourishment.
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