Coty Q4 revenue beats, adjusted EPS misses; Q1 guidance below estimates

Coty reported Q4 revenue of $1.27B, above the $1.19B estimate. Adjusted EPS of -$0.02 missed the -$0.01 estimate. EBITDA of $93.6M missed the $96.2M estimate. Q1 guidance: adjusted EPS $0.11-$0.13 vs est $0.14, low- to mid-single-digit LFL revenue decline, and low-teens EBITDA decline. Management said sell-out performance remains below market levels in both divisions.