Coty misses quarterly revenue estimates on slowing demand for cosmetics
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 (NYSE:COTY) Misses Q4 Revenue Estimates
Beauty products company Coty (NYSE:COTY) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 3.3% year on year to $1.67 billion. Its non-GAAP profit of $0.11 per share was 47.
Coty Misses Quarterly Revenue Estimates
Coty missed estimates for second-quarter revenue on Monday, on slowing demand for its cosmetics in the United States and tighter inventory management by retailers and department stores. The company's quarterly net revenue fell to $1.
Coty (COTY) Q2 Earnings and Revenues Miss Estimates
Coty (COTY) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.
Coty Stock Falls Ahead of Q2 Earnings: Retail Sentiment Downbeat
Shares of Coty Inc. ($COTY) have fallen 5.19% in the past week, ahead of the beauty products company’s second-quarter earnings, dampening retail sentiment. Recently, Citi lowered its price target $7.50 from $8 with a ‘Neutral’ rating as part of its Q4 earnings preview for the larger beverages,
Coty cuts annual profit forecast, posts quarterly revenue drop as cosmetics demand slows
Coty on Monday cut its annual profit forecast and posted a surprise drop in quarterly revenue, as it faces slowing demand for ...
Coty’s Sales Decline in Q2 Amid Weak Demand in Asia and Tight Inventory Management Despite Strong Fragrance Performance
And despite strong sell-out in Coty’s prestige fragrances like Burberry Goddess, overall prestige net revenue decreased 1 ...
Coty's margin expansion offsets FX-impacted sales and profits
Coty's shares face selling pressure after Q2 results miss expectations, but the company anticipates margin expansion and EPS ...
Coty options imply 7.1% move in share price post-earnings
Pre-earnings options volume in Coty (COTY) is 12.5x normal with calls leading puts 9:7. Implied volatility suggests the market is anticipating ...
Coty Reports Solid 1H25 Financial Performance, With Strong Margin Expansion and Cash Generation in an Uncertain Market Environment
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 ...
Coty: Fiscal Q2 Earnings Snapshot
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 cuts FY25 EPS view to 50c-52c from 54c-57c, consensus 51c
The company said, “Given the complex retail demand environment, Coty (COTY) now assumes a broadly similar market environment entering FY26.
Coty Inc. (NYSE:COTY) Shares Acquired by Blue Trust Inc.
Blue Trust Inc. increased its stake in Coty Inc. (NYSE:COTY – Free Report) by 124.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional ...
Coty Inc. Cl A stock outperforms competitors despite losses on the day
Shares of Coty Inc. Cl A COTY shed 1.83% to $6.97 Tuesday, on what proved to be an all-around favorable trading session for ...
Top Fragrance Maker Coty Says Price Hikes Are Slowing
The cosmetics company behind the Burberry Goddess and Hugo Boss fragrances says it’s pulling back on significant price hikes.