Key PointsCoty is a global beauty product company selling a portfolio of owned and licensed cosmetics and fragrance brands, including CoverGirl, Max Factor, Hugo Boss, Gucci, Calvin Klein, and Marc Jobs.Coty generated 18% YoY revenue growth to $1.64 billion in its fiscal Q1 2024.Coty is riding the medicated beauty trend, releasing the first serum using phenolics, plant molecules found to act as antioxidants, protect against diseases, and provide pigmentation.5 stocks we like better than CotyGlobal beauty pr ...

The latest trading session saw Coty (COTY) ending at $12.24, denoting a -0.08% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.08%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.02%.The beauty products company's stock has dropped by 3.09% in the past month, falling short of the Consumer Staples sector's gain of 6.15% and the S&P 500's gain of 3.52%.Analysts and investors alike will be keeping a close eye on the performance of ...

NEW YORK--(BUSINESS WIRE)--For the first time ever, Sally Hansen is launching their first wearable accessories collection, Salon Effects® Nail Accents, where consumers can experiment with their nail looks for fun nail art decals without the commitment. Sally Hansen is also expanding the Salon Effects® Perfect Manicure collection with 6 new shades. From elegant pearls to trendy geometric designs, the NEW Salon Effects® Nail Accents will enhance your manicure with easy-to-use nail decals that you can peel an ...

Coty Inc (NYSE:COTY) Q1 2024 Results Conference Call November 8, 2023 7:30 AM ET Company Participants Sue Nabi - Chief Executive Officer Laurent Mercier - Chief Financial Officer Peter Harf - Executive Chairman Conference Call Participants Nik Modi - RBC Capital Markets Oliver Chen - TD Cowen Rob Ottenstein - Evercore Filippo Falorni - Citi Korinne Wolfmeyer - Piper Sandler Anna Lizzul - Bank of America Olivia Tong - Raymond James Andrea Teixeira - JPMorgan Charles Louis Scotti - Kepler Cheuvreux Chris Care ...

facilitate the Wella Business transition in the U.S. and Brazil. TSA fees and other fees earned were $1.0 and $2.3, respectively, for the three months ended September 30, 2023 and $0.8 and $2.1, respectively, for the three months ended September 30, 2022. The TSA fees are principally invoiced on a cost plus basis. The TSA fees and other fees were included in Selling, general and administrative expenses and Cost of sales, respectively, in the Company's Condensed Consolidated Statement of Operations. The Comp ...

Coty Inc. (NYSE:COTY) Q4 2023 Earnings Conference Call August 22, 2023 7:20 AM ET Company Participants Olga Levinzon - Senior Vice President of Investor Relations Sue Nabi - Chief Executive Officer Laurent Mercier - Chief Financial Officer Conference Call Participants Filippo Falorni - Citi Javier Escalante - Evercore ISI Anna Lizzul - Bank of America Korinne Wolfmeyer - Piper Sandler Olivia Tong - Raymond James Chris Carey - Wells Fargo Securities Andrea Teixeira - JPMorgan Linda Bolton - Davidson Mark Ast ...

10 COTY • CB INNOVATIONS LIKE COVERGIRL CLEAN FRESH YUMMY GLOSS, MAX FACTOR MASTERPIECE LASH WOW MASCARA, AND SALLY HANSEN ARTIFICIAL NAILS A&CP AT ~28% DURING Q4 AND ~27% FY23, INLINE WITH EXPECTATIONS AND STABLE YOY 13 14 • FY23 ADJ EPS EXCLUDING EQUITY SWAP OF $0.38, AN INCREASE OF +36% YOY (288) $ Millions 973 LEVERAGE ON TRACK TOWARDS ~3X EXITING CY23 ➢ IN JULY 2023, COTY ENTERED A BINDING LETTER OF INTENT TO SELL 3.6% OF ITS WELLA STAKE TO IGF WEALTH MANAGEMENT FOR $150 MILLION, SUBJECT TO CUSTOMARY C ...

The following table presents our (benefit) provision for income taxes, and effective tax rates for the periods presented: 2023 2022 2021 Provision (benefit) for income taxes $ 181.6 $ 164.8 $ (172.0) Effective income tax rate 25.8 % 38.6 % 71.7 % (f) In fiscal 2023, net income attributable to Coty Inc. was $508.2 compared to income of $259.5 in fiscal 2022. The net income increase was primarily driven by higher operating income, incremental net gains associated with forward repurchase contracts, contingent ...

Coty Inc. (NYSE:COTY) Q3 2023 Earnings Conference Call May 9, 2023 8:15 AM ET Company Participants Olga Levinzon - VP, IR Sue Nabi - Chief Executive Officer Laurent Mercier - Chief Financial Officer Conference Call Participants Steve Powers - Deutsche Bank Rob Ottenstein - Citi Korinne Wolfmeyer - Piper Sandler Chris Carey - Wells Fargo Securities Lauren Lieberman - Barclays Olivia Tong - Raymond James Andrea Teixeira - JPMorgan Olga Levinzon Good morning and good afternoon, everyone. This is Olga Levinzon, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER 001-35964 350 Fifth Avenue, New York, NY 10118 (Address of principal executive offices) (Zip Code) (212) 389-7300 Registrant's telephone numbe ...