Coty Inc. Class A (COTY) Q3 2025 Earnings Call

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WEBVTT 00:00:00.689 -- 00:00:03.793 My name is Chelsea and I'll be your conference operator today. 00:00:03.793 -- 00:00:10.002 At this time, I would like to welcome everyone to COTI's third quarter fiscal 2025 00:00:10.002 -- 00:00:13.127 question and answer conference call. 00:00:13.127 -- 00:00:18.855 As a reminder, this conference call is being recorded today, May 7th, 2025, 00:00:18.855 -- 00:00:22.420 at 8 o'clock a.m. Eastern Time or 2 o'clock p.m. 00:00:22.420 -- 00:00:27.687 Central European Time. Please note that on May 6th, at approximately 4.30 00:00:27.687 -- 00:00:32.937 p.m. Eastern Time, or 10.30 p.m. Central European time, Cody issued a press 00:00:32.937 -- 00:00:39.166 release and prepared remarks webcast, which can be found on its investor relations website. 00:00:39.166 -- 00:00:44.333 On today's call are Sue Nabi, Chief Executive Officer, and Laurent Moussien, Chief 00:00:44.333 -- 00:00:46.456 Financial Officer. 00:00:46.456 -- 00:00:50.321 I would like to remind you that many of the comments today may contain forward-looking 00:00:50.321 -- 00:00:55.502 statements. Please refer to Cody's earnings release and the reports filed with the SEC 00:00:55.502 -- 00:00:59.707 where the company lists factors that could cause actual results to differ materially 00:00:59.707 -- 00:01:02.710 from these forward-looking statements. 00:01:02.710 -- 00:01:07.535 In addition, except where noted, the discussion of Cody's financial results and Cody's 00:01:07.535 -- 00:01:12.300 expectations reflect certain adjustments as specified in the non-GAAP financial measures 00:01:12.300 -- 00:01:15.381 section of the company's release. 00:01:15.403 -- 00:01:18.803 With that, we will now open the line for questions. 00:01:18.803 -- 00:01:23.129 If you would like to ask a ...