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EX-99.1 - PRESS RELEASE - COTY INC.c76568_ex99-1.htm
EX-99.2 - PRESS RELEASE - COTY INC.c76568_ex99-2.htm

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

________________________ 

 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 14, 2014

 

 

Coty Inc.

(Exact Name of Registrant as Specified in its Charter)

 

 

DE 001-35964 13-3823358
(State or other Jurisdiction
of Incorporation)
(Commission File Number) (I.R.S. Employer
Identification No.)

 

 

350 Fifth Avenue
New York, NY
10118
(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s telephone number, including area code: (212) 479-4300

 

 

(Former name or former address, if changed from last report)

 

________________________ 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 

 

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


Item 2.02 Results of Operations and Financial Condition

On February 14, 2014, Coty Inc. (the “Company”) issued a press release announcing its financial results for its fiscal quarter ended December 31, 2013. The release also includes forward-looking statements about the Company’s outlook for the third quarter and full year of fiscal 2014. A copy of the press release is attached as Exhibit 99.1 and is incorporated in this report by reference.

The information furnished with this report under this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

The Company is making reference to non-GAAP financial information in both the press release and its earnings call. Reconciliation of these non-GAAP financial measures to the nearest comparable GAAP financial measures are contained in the press release attached as Exhibit 99.1.

Item 8.01 Other Events

On February 14, 2014, the Company announced that its Board of Directors has authorized the repurchase of up to $200 million of its Class A common stock (the “Repurchase Program”). No time has been set for the completion of the Repurchase Program, and the Repurchase Program may be suspended or discontinued at any time. The timing and exact amount of any repurchases will depend on various factors, including ongoing assessments of the capital needs of the business, the market price of its common stock, and general market conditions. The Repurchase Program may be executed through open market purchases or privately negotiated transactions, including through Rule 10b5-1 trading plans. The press release announcing the Repurchase Program is attached as Exhibit 99.2 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

 

(d)      Exhibits: 

     
  Exhibit No. Description
  99.1 Press release regarding financial results, dated February 14, 2014, of Coty Inc.
  99.2 Press release regarding repurchase program, dated February 14, 2014, of Coty Inc.

 

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Coty Inc.

 

(Registrant)

   
   

Date: February 14, 2014

By:

/s/ Jules Kaufman

   

Senior Vice President,
General Counsel and Secretary

 


 

EXHIBIT INDEX

 

Exhibit No. Description
99.1 Press release regarding financial results, dated February 14, 2014, of Coty Inc.
99.2 Press release regarding repurchase program, dated February 14, 2014, of Coty Inc.