Coty posts modest revenue decline but profit jump and cash flow boost in Q1 FY2027
Coty Inc. reported first‑quarter fiscal 2027 results on November 4, 2026. Net revenue fell 1% year‑over‑year to $1.555 billion (reported basis) and like‑for‑like revenue declined 2%. Adjusted earnings per share rose to $0.16 and net income reached $106.2 million. Operating cash flow increased $65 million YoY to $130 million, delivering free cash flow of $85 million, while the company extended its Marc Jacobs beauty license for 40 years.
Why it matters
The company said it expects a low‑single‑digit revenue decline in the second quarter and is continuing a strategic review that it aims to complete by year‑end. The stronger cash generation and debt reduction improve liquidity for the turnaround plan.
Key facts
- 1Net revenue was $1,555.2 million, a 1% decline on a reported basis. sec.gov
- 2Like‑for‑like revenue declined 2%. sec.gov
- 3Adjusted EPS was $0.16. tradingview.com
- 4Net income attributable to common shareholders was $106.2 million. sec.gov
- 5Operating cash flow rose $65 million YoY to $130 million. sec.gov
- 6Free cash flow was $85 million. sec.gov
Open questions
- Net debt was reported as $2.79 billion and $2.6 billion, a conflict on the same metric.
Summary written by AlphAI AI Desk from 13 of 13 sources. Not investment advice. Figures are as stated by the linked sources.