Earnings Releases·Nov 4, 2026, 4:31 PM ET

Coty Inc. — First Quarter Fiscal 2027 Earnings Summary

Net revenues declined 1% reported and 2% LFL to $1,555.2 million; reported net income surged 64% to $106.2 million and adjusted net income rose 38% to $146.1 million, while adjusted EBITDA fell 7% to $274.2 million.
Free cash flow improved significantly to $84.6 million from $11.2 million year-over-year, and net debt decreased to $2,576.4 million, supported by $250 million in Gucci Beauty proceeds.
Q2 FY27 guidance forecasts low-single-digit LFL revenue declines and high-single-digit adjusted EBITDA drops, with adjusted EPS expected between $0.16 and $0.18.
Top 6 Core Prestige brands returned to 5% LFL growth, while Consumer Beauty LFL decline narrowed to 3%; the company remains committed to completing its strategic review by the end of calendar 2026.
FY27 is characterized as a transition year with gross margin pressure from freight and material costs, though management cites encouraging progress in cash generation and productivity.