02.21.23
Coty's CEO Sue Y. Nabi and CFO Laurent Mercier presented at the 2023 Consumer Analyst Group of New York Conference (CAGNY) on Tuesday, February 21st.
Coty's team provided perspectives on the current beauty market, its latest skincare investments, and future growth opportunities.
The company shared its fiscal Q3 core LFL sales growth. It accelerated from the +7% core LFL sales growth in Q2, while reiterating confidence in its FY23 outlook.
Coty outlined details for its financial goals through FY26 and beyond. The presentation accompanying management's remarks will be available on Coty’s Investor Relations website, under Events and Presentations.
Last year, Coty said it aims to double its skincare sales by 2025.