
	Three Months Ended March 31, 2026
SEGMENT DATA	Prestige		Consumer Beauty		Corporate		Total
Net revenues	$	830.9	$	450.7	$	—	$	1,281.6
Less:
Cost of sales	257.8		231.9		—		489.7


Advertising and consumer promotion costs	235.7		129.5		—		365.2
Other segment items(a)	279.0		512.6		7.1		798.7
Operating income (loss)	$	58.4	$	(423.3)	$	(7.1)	$	(372.0)

Reconciliation:

Operating loss							$	(372.0)
Interest expense, net							33.7
Other expense, net							53.2
Loss before income taxes							$	(458.9)

Other segment disclosures:
Depreciation and amortization	$	92.3	$	36.8	$	—	$	129.1


	Three Months Ended March 31, 2025
SEGMENT DATA	Prestige		Consumer Beauty		Corporate		Total
Net revenues	$	829.4	$	469.7	$	—	$	1,299.1
Less:
Cost of sales	243.9		219.8		3.0		466.7


Advertising and consumer promotion costs	230.7		134.2		—		364.9
Other segment items(a)	276.1		305.2		166.6		747.9
Operating income (loss)	$	78.7	$	(189.5)	$	(169.6)	$	(280.4)

Reconciliation:

Operating loss							$	(280.4)
Interest expense, net							47.9
Other expense, net							132.3
Loss before income taxes							$	(460.6)

Other segment disclosures:
Depreciation and amortization	$	64.4	$	37.8	$	2.9	$	105.1



	Nine Months Ended March 31, 2026
SEGMENT DATA	Prestige		Consumer Beauty		Corporate		Total
Net revenues	$	3,034.0	$	1,503.4	$	—	$	4,537.4
Less:
Cost of sales	914.9		736.5		6.7		1,658.1
Advertising and consumer promotion costs	848.8		380.9		—		1,229.7
Other segment items(a)	821.1		798.7		68.6		1,688.4
Operating income (loss)	$	449.2	$	(412.7)	$	(75.3)	$	(38.8)

Reconciliation:

Operating loss							$	(38.8)
Interest expense, net							121.7
Other expense, net							359.9
Loss before income taxes							$	(520.4)

Other segment disclosures:
Depreciation and amortization	$	244.0	$	110.1	$	—	$	354.1



	Nine Months Ended March 31, 2025
SEGMENT DATA	Prestige		Consumer Beauty		Corporate		Total
Net revenues	$	3,059.6	$	1,580.9	$	—	$	4,640.5
Less:
Cost of sales	886.2		708.8		4.3		1,599.3
Advertising and consumer promotion costs	829.5		397.4		—		1,226.9
Other segment items(a)	801.4		586.1		201.2		1,588.7
Operating income (loss)	$	542.5	$	(111.4)	$	(205.5)	$	225.6

Reconciliation:

Operating income							$	225.6
Interest expense, net							164.1
Other expense, net							332.8
Loss before income taxes							$	(271.3)

Other segment disclosures:
Depreciation and amortization	$	196.3	$	114.7	$	4.3	$	315.3

(a) Other segment items primarily include administrative costs, logistics costs, stock compensation expense, amortization of definite-lived intangible assets, restructuring costs, transactional foreign exchange gains/losses, bad debt expense, asset impairment charges, and other miscellaneous costs.