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Why Coty Stock Is Plummeting Today
CotyCoty(US:COTY) The Motley Fool·2025-08-21 18:27

Core Viewpoint - Coty's latest quarterly report has led to a significant decline in its stock price, with investors reacting negatively to disappointing earnings and cautious guidance for the upcoming quarter [1][4]. Financial Performance - Coty reported a non-GAAP adjusted loss of $0.05 per share on sales of $1.25 billion, exceeding Wall Street's sales expectations by $40 million but falling short of earnings targets by $0.07 per share [4]. - The company's sales declined by 8.1% year over year in the quarter, indicating a weakening business performance [4][6]. Future Outlook - Management has reiterated guidance for like-for-like (LFL) sales to improve over the previous quarter, but expects a decline in LFL sales between 6% and 8% in fiscal Q1 [5]. - The outlook for earnings has worsened due to unexpected losses and anticipated sales declines in the current quarter [6].