— The cosmetics company reported adjusted quarterly profit of 13 cents per share, beating forecasts by a penny a share. Revenue did fall below estimates, but Coty said supply chain issues that have impacted results in the past have now been largely resolved.— The pharmaceutical distributor reported adjusted quarterly profit of $3.69 per share, 3 cents a share above estimates.
Revenue also came in above analysts' forecasts on growth in its surgical distribution business. McKesson also announced it was raising its cost savings target by $100 million to up to $500 million by the end of fiscal 2021.— The office supplies retailer matched estimates with adjusted quarterly profit of 7 cents per share, with revenue slightly above forecasts.
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