COTY Stock Recent News

Explore how Coty's (COTY) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

Coty Inc. (NYSE:COTY ) Q3 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Olga Levinzon - Senior Vice President of Investor Relations Sue Nabi - Chief Executive Officer Laurent Mercier - Chief Financial Officer Conference Call Participants Operator Hello everyone, this is Olga Levinzon, Coty's Senior Vice President of Investor Relations. Thank you for joining us today for the prepared remarks portion of Coty's Third Quarter Fiscal 2024 Earnings.

While the top- and bottom-line numbers for Coty (COTY) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

COTY's third-quarter performance is likely to reflect gains across the Prestige and Consumer Beauty businesses. However, the rising cost of sales is a concern.

COTY is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Beyond analysts' top -and-bottom-line estimates for Coty (COTY), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Coty (COTY) is benefiting from its focus on six strategic pillars that are aimed at sustainable growth. Management made several partnerships to enhance its brand portfolio.

RH's fiscal Q4 results are likely to reflect high mortgage rates, a soft luxury housing market and clearance pressure.

COTY is making several partnerships to enhance its brand portfolio. Management is committed to optimizing the overall cost structure amid inflation.

Coty (COTY) is well-positioned to capitalize on favorable beauty trends. The company is making several strategic partnerships to enhance its brand portfolio.