COTY Stock Recent News

Coty stock has underperformed since 2023, but management expects industry recovery and long-term growth, potentially boosting Coty's valuation multiples and stock price. COTY excels in prestige brands, driving growth and better margins, but faces challenges in consumer beauty brands with lower margins and higher competition. Despite a leveraged balance sheet, Coty's revenue and FCF growth projections are promising, with potential for significant returns if the industry stabilizes.

COTY is facing challenges like higher operational costs, weak performance in key international markets and unfavorable currency rates.

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.