Coty cuts annual profit forecast, posts quarterly revenue drop as cosmetics demand slows
Coty cut its annual profit forecast on Monday after missing second-quarter revenue estimates on Monday, as it grapples with ...
voguebusiness2d
Coty sales slide in Q2 as demand for cosmetics slumps
The beauty giant reported ‘sell-out growth’ in fragrances, but this failed to offset the decline in colour cosmetics and ...
Coty stock touches 52-week low at $5.98 amid market challenges
Coty Inc (NYSE:COTY). shares have faced a significant downturn, touching a 52-week low of $5.98, as the beauty company grapples with market headwinds. According to InvestingPro data, technical ...
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 ...
These Analysts Cut Their Forecasts On Coty After Downbeat Earnings
Coty posted quarterly earnings of 11 cents per share which missed the analyst consensus estimate of 21 cents per share. The ...
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 ...
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 ...
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 ...
Cosmetics Business3d
Coty’s strong fragrance performance fails to compensate for mass make-up slump
The company reported a 1% dip in reported net revenue for the six months ended 31 December 2024 and a 3% decline for Q2 ...
Coty price target lowered to $8 from $10 at Canaccord
Canaccord lowered the firm’s price target on Coty (COTY) to $8 from $10 and keeps a Buy rating on the shares. The firm noted its results ...
brandequity.economictimes.indiatimes3d
Coty cuts annual forecast, as cosmetics demand slows
Coty reduced its annual profit forecast due to decreased demand for cosmetics amid inflation concerns, leading shares to fall ...
The Gazette4d
Coty misses quarterly revenue estimates on slowing demand for cosmetics
(Reuters) -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 ...