Coty raises Q4 revenue view to up 12%-15% from up 10%, consensus $1.27B

Coty hosts its first-ever investor event in Paris. In the conference, Coty will detail how it is leveraging its European heritage and end-to-end capabilities to achieve growth, resulting in the company significantly increasing its guidance on Q4 FY23 revenue growth to up 12%-15% on a like-for-like, or LFL, basis, up from its previous outlook for up 10% growth.