Coty reiterates FY23 outlook, including adjusted EBITDA and EPS guidance

Coty confirms that CEO Sue Nabi and CFO Laurent Mercier will present at the 2023 Consumer Analyst Group of New York Conference, or CAGNY, on Tuesday, February 21 at 1:00 P.M. EST. "Coty will provide perspectives on the current beauty market, its latest skincare investments, and future growth opportunities. Coty will share that its fiscal Q3 core LFL sales growth is accelerating from the +7% core LFL sales growth in Q2, while reiterating confidence in its FY23 outlook, including its adjusted EBITDA and adjusted EPS guidance, as the company intends to reinvest incremental profit into its critical skincare initiatives. Coty will further outline details for its financial goals through FY26 and beyond," the company stated.