Coty cuts annual profit forecast, posts quarterly revenue drop as cosmetics demand slows
Coty cut its annual profit forecast on Monday after missing second-quarter revenue estimates on Monday, as it grapples with slowing demand for cosmetics in the United States and a tighter control of beauty inventory by retailers.
Coty had strong margin expansion and sustained brand investment, staying on track for FY25 expectations.
Coty posted quarterly earnings of 11 cents per share which missed the analyst consensus estimate of 21 cents per share. The ...
Beauty products company Coty (NYSE:COTY) will be announcing earnings results tomorrow after the bell. Here’s what you need to ...
We recently published a list of 12 Best Beauty Stocks to Buy According to Hedge Funds. In this article, we are going to take ...
Shares of Coty Inc. (NYSE:COTY – Get Free Report) have earned an average recommendation of “Moderate Buy” from the seventeen ...
NEW YORK (AP) — NEW YORK (AP) — Coty Inc. (COTY) on Monday reported fiscal second-quarter earnings of $23.7 million. The New York-based company said it had net income of 2 cents per share. Earnings, ...
Coty Inc (COTY) reports robust financial performance with significant e-commerce gains, despite facing hurdles in the US and ...
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