Coty (COTY) Q2 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, May 7, 2026 astatine 9:47 AM CDT 30 min read

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DATE

Friday, February 6, 2026 astatine 8 a.m. ET

CALL PARTICIPANTS

• Executive Chairman & Interim CEO — Markus Strobel

• Chief Financial Officer — Laurent Mercier

Full Conference Call Transcript

Operator: Good morning, and bully afternoon, everyone. My sanction is Chloe, and I volition beryllium your league relation today. At this time, I would similar to invited everyone to Coty's Second Quarter Fiscal 2026 Question-and-Answer Conference Call. As a reminder, this league telephone is being recorded today, February 6, 2026, astatine 8:00 a.m. Eastern Time oregon 2:00 p.m. Central European Time. Please enactment that connected February 5, astatine astir 4:30 p.m. Eastern Time oregon 10:30 p.m. Central European Time, Coty issued a property merchandise and prepared remarks webcast, which tin beryllium recovered connected its Investor Relations website. On today's telephone are Markus Strobel, Executive Chairman of the Board and Interim Chief Executive Officer; and Laurent Mercier, Chief Financial Officer.

I would similar to punctual you that galore of the comments contiguous whitethorn incorporate forward-looking statements. Please notation to Coty's net merchandise and the reports filed with the SEC, wherever the institution lists factors that could origin existent results to disagree materially from these forward-looking statements. In addition, but wherever noted, the treatment of Coty's fiscal results and Coty's expectations bespeak definite adjustments arsenic specified successful the non-GAAP Financial Measures conception of the company's release. With that, we volition present unfastened the enactment for questions.

Operator: [Operator Instructions] We'll instrumentality our archetypal question from Filippo Falorni with Citi.

Filippo Falorni: Markus, possibly tin you springiness america a spot much colour connected the Color the Future show betterment program for Consumer Beauty. You mentioned successful the prepared remarks yesterday that there's a batch of antithetic initiatives commercially, including streamlining the portfolio. What are you reasoning those imaginable impacts are going to beryllium connected income adjacent word and past a small spot longer term? And then, Laurent, connected the borderline side, Consumer Beauty has been importantly beneath firm average. Do you person an aspiration of what their concern operating margins tin get backmost to?

Markus Strobel: All right. Thanks, Filippo. I'll instrumentality that on. There's astir 3 oregon 4 principles however we are addressing the user concern priorities and absorption connected our concern gathering plan. It's imperative for america to get backmost to sell-out maturation and to marketplace stock growth. We've got to beryllium the masters of our destiny and triumph successful the market. That's our ambition. Now however we're going to bash that? Number one, we're going to absorption connected our astir iconic assets. These are brands similar CoverGirl, wherever we person assets successful determination similar Lash Blast, Simply Ageless and iconic brands similar Rimmel. We started doing this successful the past mates of weeks, and I'm precise encouraged by the aboriginal results.