COTY's Q2 Earnings Miss, Lower Revenues Across Segments Hurt

Coty Inc. (COTY) posted soft second-quarter fiscal 2025 results, with the top and bottom lines declining year over year and missing the Zacks Consensus Estimate. The macroeconomic environment remains challenging.However, consumers prioritize beauty spending, with fragrances remaining a top-performing category in the beauty industry. While Coty faces headwinds in markets like the Chinese mainland, Asia Travel Retail channel and the U.S. mass cosmetics, it remains at the forefront of driving growth through in ...