Coty continues to target fiscal 2023 adjusted EBITDA of $955 million to $965 million, based on current FX rates, relatively in-line with its medium term growth target of 9 percent to 11 percent, adjusting for the impact of the Russia exit. Coty continues to expect modest gross margin expansion in both the second quarter and in fiscal 2023, despite the elevated inflationary environment. (RTTNews) - While announcing higher first-quarter results on Tuesday, beauty company Coty Inc. (COTY) reiterated fiscal 2023 earnings per share growth outlook in the mid-teens percentage to $0.32 to $0.33.