Coty Reports Mixed Q2 Earnings, Debt Falls After Wella Sale
ByAinvest
Saturday, Feb 7, 2026 7:57 am ET1min read
COTY--
Coty reported Q2 net revenue of $1.67bn, a 1% YoY rise, with a 3% decline in like-for-like sales. Reported operating income fell 45% to $148.2m, and the group posted a net loss of $126.9m. Adjusted EBITDA slid 15% to $330.2m, while total debt was $3.04bn, down from $4.06bn on 30 September 2025. The company withdrew full-year EBITDA and free-cash-flow guidance, projecting mid-single-digit LFL revenue falls in Q3 and adjusted EBITDA of $100m–$110m.
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