COTY INC
For the period ended Jun 30, 2024. Filed Aug 20, 2024.
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FY2024 · Filed Aug 20, 2024
COTY$4.22+4.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations F-
(In millions, except per share data)
| Year EndedJune 30, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net revenues | $6,118.0 | $5,554.1 | $5,304.4 |
| Cost of sales | 2,178.8 | 2,006.8 | 1,935.2 |
| Gross profit | 3,939.2 | 3,547.3 | 3,369.2 |
| Selling, general and administrative expenses | 3,162.4 | 2,818.3 | 2,881.3 |
| Amortization expense | 193.4 | 191.8 | 207.4 |
| Restructuring costs | 36.7 | (6.5) | (6.5) |
| Acquisition- and divestiture- related costs | — | — | 14.7 |
| Asset impairment charges | — | — | 31.4 |
| Operating income | 546.7 | 543.7 | 240.9 |
| Interest expense, net | 252.0 | 257.9 | 224.0 |
| Other expense (income), net | 90.2 | (419.0) | (409.9) |
| Income from continuing operations before income taxes | 204.5 | 704.8 | 426.8 |
| Provision for income taxes on continuing operations | 95.1 | 181.6 | 164.8 |
| Net income from continuing operations | 109.4 | 523.2 | 262.0 |
| Net income from discontinued operations | — | — | 5.7 |
| Net income | 109.4 | 523.2 | 267.7 |
| Net income (loss) attributable to noncontrolling interests | 5.3 | (1.8) | (5.1) |
| Net income attributable to redeemable noncontrolling interests | 14.7 | 16.8 | 13.3 |
| Net income attributable to Coty Inc. | $89.4 | $508.2 | $259.5 |
| Amounts attributable to Coty Inc. | |||
| Net income from continuing operations | $89.4 | $508.2 | $253.8 |
| Convertible Series B Preferred Stock dividends | (13.2) | (13.2) | (198.3) |
| Net income from continuing operations attributable to common stockholders | 76.2 | 495.0 | 55.5 |
| Net income from discontinued operations, net of tax | — | — | 5.7 |
| Net income from continuing operations attributable to common stockholders | $76.2 | $495.0 | $61.2 |
| Earnings (losses) per common share | |||
| Earnings from continuing operations per common share - basic | $0.09 | $0.58 | $0.07 |
| Earnings from continuing operations per common share - diluted | $0.09 | $0.57 | $0.07 |
| Earnings from discontinued operations - basic | $0.00 | $0.00 | $0.01 |
| Earnings from discontinued operations - diluted | $0.00 | $0.00 | $0.01 |
| Earnings per common share - basic | $0.09 | $0.58 | $0.08 |
| Earnings per common share - diluted | $0.09 | $0.57 | $0.08 |
| Weighted-average common shares outstanding: | |||
| Basic | 874.4 | 849.0 | 820.6 |
| Diluted | 883.4 | 886.5 | 834.1 |
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