COTY Stock Recent News
COTY LATEST HEADLINES
COTY's Q1 LFL sales grow 4-5% below expectations, prompting moderate Q2 growth forecasts. Management is also ramping up its cost-reduction efforts.
PARIS--(BUSINESS WIRE)--Coty Inc. (NYSE: COTY)(Paris:COTY) – one of the world's largest beauty companies with a portfolio of iconic brands in fragrance, color cosmetics, skin and body care – is celebrating its 120th anniversary with an exclusive three-day fragrance event in the heart of Paris, the very city where the company was founded in 1904. "Coty: A Fragrance Disruptor since 1904” is a unique multi-sensory experience that will take guests, partners and friends of the house on an immersive.
Coty is capitalizing on the growing beauty market via strategic expansion in consumer beauty and fragrances, innovation and e-commerce growth.
COTY continues to benefit from robust growth in the global beauty market, driven by a strong brand presence and consumer demand.
Review Coty's (COTY) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
Coty Inc. (NYSE:COTY ) Q4 2024 Earnings Call Transcript August 20, 2024 4:45 PM ET Company Participants Olga Levinzon - IR Sue Nabi - CEO Laurent Mercier - CFO Olga Levinzon [Technical Difficulty] portion of Coty's Fourth Quarter Fiscal 2024 Earnings. On Wednesday, August 21, 2024, at approximately 8.15 a.m.
Although the revenue and EPS for Coty (COTY) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Coty (COTY) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.01 per share a year ago.
NEW YORK--(BUSINESS WIRE)--Regulatory News: Coty Inc. (NYSE:COTY) (Paris:COTY) ("Coty" or "the Company") today announced its results for the full fiscal year 2024 and the fourth quarter, ended June 30, 2024. The Company delivered its fourth year of results ahead of or in-line with expectations, while consistently executing across its strategic growth pillars. In FY24, total net revenues grew 10% on a reported and 11% on a LFL basis, at the upper end of Coty's FY24 guidance range of +9% to +11%.
COTY's fiscal fourth-quarter performance is likely to reflect gains from momentum in the global beauty market. However, a rising cost environment might be a hurdle.