Coty (COTY) Q3 2024 Earnings Call Transcript (Q&A) | Old North State Wealth News
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Coty (COTY) Q3 2024 Earnings Call Transcript (Q&A)

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Coty Inc. (NYSE:COTY) Q3 2024 Earnings Conference Call May 7, 2024 8:15 AM ET

Company Participants

Sue Nabi – Chief Executive Officer
Laurent Mercier – Chief Financial Officer

Conference Call Participants

Filippo Falorni – Citi
Oliver Chen – TD Cowen
Christian Junquera – Bank of America
Rob Ottenstein – Evercore
Korinne Wolfmeyer – Piper Sandler
Shovana Chaudry – JP Morgan
Olivia Tong – Raymond James
Chris Carey – Wells Fargo Securities
Ashley Helgans – Jefferies
Lauren Lieberman – Barclays
Linda Bolton Weiser – DA Davidson
Mark Astrachan – Stifel

Operator

Good morning and good afternoon everyone. My name is Ashley and I’ll be your conference Operator today.

At this time, I would like to welcome everyone to Coty’s third quarter fiscal 2024 question and answer conference call. As a reminder, this conference call is being recorded today, May 7, 2024 at 8:15 am Eastern time, or 2:15 pm Central European time.

Please note that on May 6 at approximately 4:30 pm Eastern time, or 10:30 pm Central European time, Coty issued a press release and prepared remark webcast, which can be found on our Investor Relations website. On today’s call are Sue Nabi, Chief Executive Officer, and Laurent Mercier, Chief Financial Officer.

I would like to remind you that many of the comments today may contain forward-looking statements. Please refer to Coty’s earnings release and the reports filed with the SEC where the company lists facts that could cause actual results to differ materially from the forward-looking statements. In addition, except where noted, the discussion of Coty financial results and Coty expectations reflect certain adjustments as specified in the non-GAAP financial measures section of the company’s release.

Question-and-Answer Session

With that, we will now open the line for questions. (Operator instructions)

We’ll take our first question from Filippo Falorni with

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