Coty's GAAP net income for 9 months of fiscal year 2022 was $547.6 million, compared to a loss of $14.6 million in the previous year. Revenue increased 15.9% to $4.136 billion from $3.568 billion a year earlier.

Coty's GAAP net income for 6 months of fiscal year 2022 was $492.6 million, compared to a loss of $27.3 million in the previous year. Revenue increased 16.1% to $2.95 billion from $2.54 billion a year earlier.

Coty's GAAP net income for 3M 2022 fiscal year was $228.9 million, up 0.7% from $227.3 million in the prior year. Revenue increased 22.1% to $1.372 billion from $1.124 billion a year earlier.

Coty is selling about 9% of cosmetics firm Wella to KKR in exchange for half of its convertible shares held by KKR. The deal will reduce KKR's stake in Coty to the equivalent of 5.2% of Class A shares. The stake is valued at approximately $426.5 million. The transaction is scheduled to close in Q2 2022 of Coty's fiscal year.