Coty swings to $409.0 million Q3 net loss as sales fall 6%
Coty reported fiscal third-quarter results for the period ended March 31, 2025, with reported net revenue of $1,299.1 million, down 6% from a year earlier, and a reported net loss of $409.0 million, compared with net income of $0.5 million in the prior year. The loss includes a $212.8 million asset impairment charge, mainly in Consumer Beauty's color cosmetics business. The company now expects fiscal 2025 EPS of $0.49-0.50, near the low end of its prior range, which matters to shareholders because it signals weaker earnings and a sales decline in the fourth quarter.
Key points
- Q3 reported net revenue of $1,299.1 million fell 6%; on a like-for-like basis, sales fell 3%.
- Q3 reported net loss of $409.0 million, or $(0.47) per diluted share, versus net income of $0.5 million a year earlier; includes a $212.8 million asset impairment charge.
- Fiscal 2025 EPS expected at $0.49-0.50, near the low end of prior guidance; free cash flow expected at approximately $300 million.
- Fourth-quarter like-for-like sales expected to decline by a high single-digit percentage.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.