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The company reported a 1% dip in reported net revenue for the six months ended 31 December 2024 and a 3% decline for Q2 ...
Shares of Coty Inc. ($COTY) were in focus on Monday as the company posted worse-than-expected second-quarter earnings, but ...
Coty cut its annual profit forecast on Monday after missing second-quarter revenue estimates on Monday, as it grapples with ...
Coty cut its annual profit forecast and posted a surprise drop in quarterly revenue, as it faces slowing demand for cosmetics.
According to a report by McKinsey, in 2023, the global beauty market expanded by 10%, reaching $446 billion in retail sales, ...
Despite strong demand for prestige fragrances, Q2 net revenue declined due to continued weakness in the mass beauty market and ongoing challenges in APAC, notably in China and Asian travel retail.
Reports Q2 revenue $1.67B, consensus $1.72B. Commenting on the operating results, Sue Nabi, Coty‘s (COTY) CEO, said: “As we are now midway ...
The fragrance effect that has boosted Coty for the past year was not enough to offset a trio of weak demand in Asia, FX ...
Coty Inc. (NYSE: COTY) (Paris: COTY) ("Coty" or "the Company") today announced its results for the first half and second quarter of fiscal year 2025, ended December 31, 2024. Across both periods, the ...
The company said, “Given the complex retail demand environment, Coty (COTY) now assumes a broadly similar market environment entering FY26.