The Coty turnaround can accelerate in 2024

Key PointsCoty is a global beauty product company selling a portfolio of owned and licensed cosmetics and fragrance brands, including CoverGirl, Max Factor, Hugo Boss, Gucci, Calvin Klein, and Marc Jobs.Coty generated 18% YoY revenue growth to $1.64 billion in its fiscal Q1 2024.Coty is riding the medicated beauty trend, releasing the first serum using phenolics, plant molecules found to act as antioxidants, protect against diseases, and provide pigmentation.5 stocks we like better than CotyGlobal beauty pr ...