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Coty Inc (COTY.N)

COTY.N on New York Stock Exchange

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25 May 2017
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Wed, May 10 2017

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Coty profit and sales beat as acquisitions pay off; shares jump

Beauty products maker Coty Inc reported higher-than-expected quarterly profit and sales, helped by strong demand for labels such as Calvin Klein as well as for recently acquired brands ghd and Younique.

UPDATE 2-Coty profit and sales beat as acquisitions pay off; shares jump

* Shares set for best one-day pct gain in 15 months (Adds details, CEO comment; updates shares)

Coty posts bigger loss due to charges related to P&G deal

May 10 Beauty products maker Coty Inc reported a bigger quarterly loss, hurt by restructuring charges related to the integration of the beauty business it acquired from Procter & Gamble Co.

BRIEF-Coty Q3 loss per share $ 0.22

* Q3 earnings per share view $0.13, revenue view $1.94 billion -- Thomson Reuters I/B/E/S

BRIEF-Coty sets quarterly cash dividend of $0.125 per share

* Sets quarterly cash dividend of $0.125per share Source text for Eikon: Further company coverage:

Burberry licenses fragrances and cosmetics business to Coty

LONDON British luxury brand Burberry has agreed to license its fragrances and cosmetics business to Coty for $162 million, plus a $63 million payment for inventory, in a deal that will help it develop new products and give it the benefit of the U.S. group's extensive distribution network.

UPDATE 2-Burberry licenses beauty business to Coty in new drive to expand

* Shares up 1 pct (Adds CFO comments, analyst reaction, shares)

Burberry licenses beauty business to Coty in new partnership deal

LONDON, April 3 British luxury brand Burberry said on Monday it would transfer its beauty business to U.S. group Coty in a deal that will bring in around $225 million plus ongoing royalty payments in a bid to revitalise the division.

BRIEF-Coty enters exclusive licensing agreement for some Burberry products

* Entered agreement to acquire exclusive long-term global license rights for Burberry beauty luxury fragrances, cosmetics and skincare

Coty says not against online sales, wants to protect luxury brands

LUXEMBOURG German beauty products maker Coty rejected claims that its distribution policies imply a blanket ban on online sales, arguing that its main concern was to safeguard the cachet of its luxury brands such as Marc Jacobs, Calvin Klein and Chloe.

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