Coty Exec Says Consumer And Retail Environment Became More Challenging In Q3 - Conf Call

May 6 (Reuters) - Coty Inc COTY.N:

• COTY EXEC SAYS CONSUMER AND RETAIL ENVIRONMENT BECAME MORE CHALLENGING IN Q3 - CONF CALL

• COTY EXEC SAYS BEAUTY GROWTH DECELERATED FROM H1 FISCAL 25 AS CONSUMER DEMAND SOFTENEED DUE TO MICROECONOMIC UNCERTAINTY AND RECESSIONARY CONCERNS

• COTY EXEC SAYS CURRENT EQUITY MARKET CONDITIONS MAY DELAY DIVESTING OF STAKE IN WELLA BUSINESS

• COTY EXEC SAYS IF TARIFFS REMAIN IN PLACE FOR LONG TERM, WILL CONSIDER TRANSFERRING PRODUCTION TO US FROM EUROPE TO MITIGATE IMPACT

• COTY EXEC SAYS EXPECT HIGH SINGLE DIGIT DECLINE IN LIKE-FOR-LIKE Q4 SALES; 2% DECLINE IN FISCAL 2025 SALES

• COTY EXEC SAYS POSTPONING INVESTOR DAY BY AT LEAST A FEW MONTHS DUE TO MACROECONOMIC AND TARIFF UNCERTAINTY

• COTY EXEC SAYS SEE GROSS HEADWIND FROM TARIFFS IN THE LOW $100 MILLION LEVEL WITH MINIMAL IMPACT IN Q4