ADDED
At August 12, 2025, 872,294,977 shares of the registrant s Class A Common Stock, $0.01 par value were outstanding.
Management's Discussion and Analysis of Financial Condition and Results of Operations 32 Item 7A.
and related changes to regulatory and trade policies, changes in the U.S.
Our disclosure concerning these matters, including our Beauty that Lasts Sustainability Report, includes forward-looking statements within the meaning of the PSLRA, including statements regarding our social impact and sustainability goals, targets, initiatives, commitments, and activities, as well as our future operations and long-term strategy.
For example, references to fiscal 2025 refer to the fiscal year ended June 30, 2025.
Following this transformation, we continue to make progress on our strategic priorities, including leveraging our leadership position and capabilities in global fragrances to fuel expansion.
We will continue expanding our presence in a limited number of structurally profitable and growing beauty categories, in growth channels such as e-commerce and the Travel Retail channel, all while establishing Coty as an industry leader in sustainability.
We have sharpened our priorities to capitalize on structural tailwinds in the fragrance market.
We are leveraging our leadership in fragrance innovation, licensing, and manufacturing to expand across price points, from mass to ultra-premium.
With slower growth in China s beauty market, we have shifted focus to a broader set of emerging markets and the U.S.
REMOVED
At August 12, 2024, 867,845,212 shares of the registrant s Class A Common Stock, $0.01 par value were outstanding.
Management's Discussion and Analysis of Financial Condition and Results of Operations 33 Item 7A.
Our disclosure concerning these matters, including our Beauty that Lasts Sustainability Report, includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our social impact and sustainability goals, targets, initiatives, commitments, and activities, as well as our future operations and long-term strategy.
For example, references to fiscal 2024 refer to the fiscal year ended June 30, 2024.
Our marketing efforts also benefit from cooperative advertising programs with retailers, often in connection with in-store marketing activities designed to engage consumers so that they try, or purchase, our products, including sampling and gift-with-purchase programs designed to stimulate product trials.
In fiscal 2024, Walmart, our top retailer, accounted for approximately 5% of total Coty Inc.
Our research and development teams work with our marketing and operations teams to identify recent trends and consumer needs and to bring products quickly to market.
Supply Chain During fiscal year 2024, we continued to manufacture and package approximately 79% of our products, primarily in facilities located in the United States, Brazil, China and various countries in Europe.
We continue to explore options to further optimize our supply chain operations, including the implementation of advanced digital solutions to streamline and enhance our supply chain operations.
3 Competition There is significant competition within each market where our products are sold.