Coty Inc discussed its fourth quarter fiscal 2026 results on August 20, 2026, highlighting a strategic turnaround and the renegotiated Gucci license exit. The company secured full compensation for a year of profit and cash, funds for debt reduction and restructuring, and a solution for inventory. Coty is implementing a 'Color the Future' program to reduce SKUs by 20% and shift incentives toward market share and sellout. The company faces continued challenges in fiscal 2027, described as a transition year, with sellout trailing the category and uncertainty in the Middle East and oil prices. Coty is targeting fiscal 2027 EBITDA and free cash flow close to fiscal 2020 levels.
Coty IncFiscal 2027 is a transition year with sellout trailing category and uncertainty in Middle East and oil prices, targeting EBITDA/FCF close to fiscal 2020 levels.
