Coty Outlines Long-Term Growth Plan and Reclaims Position as a True Beauty Powerhouse
Company to Host Investor Day Event at New York Stock Exchange today
Reveals Plan for Above Market Growth through FY25 and beyond
Unveils Major New Product Launches in Mass and Prestige Skincare
Increases Cost Savings Targets to Fuel Reinvestment and Profit Expansion
NEW YORK - November 18, 2021-- Coty Inc. (NYSE: COTY) ("Coty" or "the Company"), one of the world’s leading beauty companies and global leader in fragrance, today will host an Investor Day at the New York Stock Exchange. At the event, Coty will provide an update on the significant progress made on the Company’s six strategic pillars, elaborate on key upcoming operational milestones, report on its comprehensive transformation “All-In To Win” program, and announce its financial goals through FY25 and beyond.
Sue Y. Nabi, Chief Executive Officer of Coty, said: “Coty has reclaimed its position as a true beauty powerhouse. We expect to outperform the beauty market through FY25 and beyond. I am very proud of the significant progress our teams have made, delivering against each of our strategic pillars. I am more confident than ever in Coty’s future and our ability to deliver significant value for all of our stakeholders.
Coty’s unique and beautiful portfolio of brands, our talented team, and our single-minded focus on delivering sustainable, profitable growth, coupled with targeted reinvestment, are enabling us to evolve. We continue to capitalize on the tremendous growth opportunities in prestige fragrances, skincare, China, clean beauty and e-commerce.”