Coty Reports Solid Q1 Growth Fueled by Prestige Fragrances, Outperforming Beauty Market Q1 Sales Inline with Pre-Announcement, With 2% Reported and 4.5% LFL Growth Strong Gross Margin Expansion And Sustained Brand Investments Reiterated FY25 EBITDA Underpinned by Accelerating Actions to Adapt Coty for Future Success NEW YORK - November 6, 2024-- Coty Inc. (NYSE: COTY) (Paris: COTY) ("Coty" or "the Company") today announced its results for the first quarter of fiscal year 2025, ended September 30, 2024. The ...

Companies in the Zacks Cosmetics industry are facing challenges due to a tough consumer environment, with inflationary pressures causing consumers to become more selective in their spending habits. As a result, many beauty industry players are experiencing a decline in consumer demand. In addition, companies in the cosmetics sector are grappling with escalated production costs, further impacting their profitability and operational efficiency.Despite these challenges, companies like Coty Inc. (COTY) , Helen ...

Coty Inc. (COTY) , a major player in the global beauty industry, shared its preliminary results for the first quarter of fiscal 2025, reiterating its optimistic adjusted EBITDA growth forecast. The company is ramping up its cost-reduction efforts across all areas to enhance savings. The global beauty market has shown solid growth, yet the growth rates have dipped slightly. The prestige fragrance segment is thriving, driven by increases in both volume and pricing strategies. In contrast, the mass beauty cate ...

Coty, Inc. (COTY) is leveraging strong brand recognition and favorable conditions in the global beauty market to drive impressive growth. The company's strategic focus on core categories such as skincare, fragrances and cosmetics allowed it to meet evolving consumer preferences while expanding its e-commerce capabilities. Despite rising costs and currency fluctuations, Coty is committed to innovation and strategic partnerships, positioning itself for long-term success. Let's delve deeper. Coty's Strong Fina ...

Coty Inc. (COTY) capitalized on its strong brand presence in fragrances, cosmetics and skincare. It continue s to thrive in the booming global beauty market despite some headwinds. The focus on expanding its consumer beauty and fragrance segments, coupled with a commitment to innovation and sustainability, positions COTY to benefit from growing consumer demand. In a backdrop where the beauty sector is integral to personal well-being, Coty benefits from a resilient consumer base. Consumers are not only gravi ...

It has been about a month since the last earnings report for Coty (COTY) . Shares have lost about 8.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Coty due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. COTY's Q4 Loss Wider Than Estimates, Sales Increase Y/Y Cot ...

Coty Inc. (COTY) continues to benefit from robust growth in the global beauty market, driven by a strong brand presence and consumer demand for fragrances, cosmetics and skincare. With a focus on six growth pillars, including growing Consumer Beauty and fragrances, the company demonstrates a proactive approach to sustainable growth. Despite rising costs and currency fluctuations, Coty's commitment to innovation and strategic partnerships enhances its competitive position across the beauty market. These fund ...

Have you evaluated the performance of Coty's (COTY) international operations for the quarter ending June 2024? Given the extensive global presence of this beauty products company, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth. In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For inves ...

Coty Inc. (COTY) posted drab fourth-quarter fiscal 2024 results, with the bottom line missing the Zacks Consensus Estimate and declining year over year. The top line missed the consensus mark but rose year over year. Looking forward to the fiscal 2025, management anticipates its financial results to align with medium-term growth expectations. White space opportunities, strong commercial strategies and a robust innovation pipeline support the outlook. Notable upcoming products include Chloe Signature Intense ...

ToscaWhi/iStock Editorial via Getty Images Coty Inc. (NYSE:COTY) reported the company's Q4/FY2024 results on the 20th of August in post-market hours, showing a mildly disappointing growth in the quarter. Still, with a fairly good FY2025 outlook ahead and good underlying profitability expansion, Coty's good turnaround momentum isn't looking to stop yet. I previously wrote an article on the stock, titled "Coty: Valuation Needs More Caution Despite Great Turnaround". In the article, I initiated Coty at a Sell ...