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Coty Q4: Earnings Turnaround Continues Despite Growth Hiccup (Rating Upgrade)
COTYCoty(COTY) Seeking Alpha·2024-08-21 10:30

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 ...