Coty faces industry headwinds but banks on fragrances to drive growth
Coty (NYSE:COTY) faces sales challenges from weak China demand and a beauty market slowdown, but strong fragrance growth ...
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Coty faces Q2 FY25 sales setback amid APAC and FX challenges
Despite these challenges, Coty's Q2 adjusted gross margin improved year-on-year by up to 170 basis points, with operating ...
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 Faces Challenges As Category Weakness Lies Ahead, Say Analysts
Stifel analyst Mark S. Astrachan lowered Coty's price target from $8.5 to $8, maintaining a Hold rating. Despite adjusted ...
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 price target lowered to $12 from $12.50 at DA Davidson
DA Davidson lowered the firm’s price target on Coty (COTY) to $12 from $12.50 and keeps a Buy rating on the shares. The company reported a Q2 ...
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 ...