Washington, DC, Aug. 14, 2024 (GLOBE NEWSWIRE) -- The United States Mint (Mint) is pleased to announce the selection of its 2023 American Liberty High Relief 24 Karat Gold Coin as the Coin of the Year winner in Krause Publication's annual award program. The announcement was made during the American Numismatic Association's World's Fair of Money in Chicago. "I couldn't be more thrilled to receive this prestigious award on behalf of the Mint," said the Honorable Ventris C. Gibson, Director of the United State ...

Coty (COTY) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 20. On the ...

Source: T. Schneider / Shutterstock.com For the last two years, investors in consumer staples stocks saw every tiny step forward smacked down by two large steps back. Therefore, the 900+-point gain in the Dow Jones Industrial Average (DJIA) the week of July 15 was noteworthy. It suggested that the long-awaited "sector rotation" was finally underway. Kenvue (KVUE) That would affect a stock like Kenvue (NYSE:KVUE). The Johnson & Johnson (NYSE:JNJ) spinoff is the home of iconic consumer brands such as Band-Aid ...

Klaus Vedfelt/DigitalVision via Getty Images Synopsis Coty Inc. (NYSE:COTY) is one of the largest beauty companies in the world and owns a portfolio of renowned brands. COTY's historical financials have demonstrated strong top-line growth. Additionally, its profitability margins over the same period expanded annually as well. For its most recent quarter, it continues to report net revenue growth driven by growth in both of its reportable segments. Currently, both prestige and mass beauty channels have been ...

This then leads these celebrity beauty brand stocks to dip in value, causing severe losses for investors who bought into the initial hype. Moreover, these brands tend to lack the longevity necessary to offer long-term returns. Rather, these companies are often purchased by larger conglomerates after their value fades and treated as another portfolio asset. This is due to the fact that most celebrity beauty products are only worth the name of their endorsement. Their chemistry and products often tend to be s ...

Favorable Market Trends Image Source: Zacks Investment Research Coty made several strategic partnerships to enhance its brand portfolio. On May 7, 2024, the company unveiled that it had signed a long-term license agreement with Lena Gercke to develop, produce, and distribute LeGer's debut fragrance. On Feb 20, 2024, the company entered into a new license agreement with Etro to manufacture and distribute its signature fragrance lines and home scent collections beyond 2040. In its second-quarter fiscal 2024 e ...

While we wait, it feels like a great time to plan for future trades. I have been all over the "Vanity" trade, based on the assumption the diet drugs lead to bringing in a new wave of consumers. Sign up for our FREE newsletter and receive our best trading ideas and research Leave this field empty if you're human: Nu Skin Enterprises offers a range of popular products across skincare, wellness, and beauty. Next is COTY Inc (COTY) Coty Inc. is an American multinational beauty company founded in 1904 by Françoi ...

In the Zacks Cosmetics industry, companies are navigating through inflationary pressures and supply chain obstacles. The general decline in discretionary spending due to prevailing inflationary conditions has impacted the demand for products from various companies. Nevertheless, initiatives aimed at enhancing digital capabilities and fostering innovation have proven effective for firms such as The Estee Lauder Companies Inc. (EL) , Coty Inc. (COTY) , Helen of Troy Limited (HELE) and European Wax Center, Inc ...

Of the total revenue, $628 million came from EMEA during the last fiscal quarter, accounting for 45.3%. This represented a surprise of +7.4% as analysts had expected the region to contribute $584.73 million to the total revenue. In comparison, the region contributed $825.7 million, or 47.8%, and $587.6 million, or 45.6%, to total revenue in the previous and year-ago quarters, respectively. Have you looked into how Coty (COTY) performed internationally during the quarter ending March 2024? Considering the wi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (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, 2024 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 | --- | --- | |----------------------------------------------------------------|--------------------------------------| | ...