Coty(COTY)

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Coty renews long-term license partnership with bruno banani
Businesswire· 2024-02-01 05:00
NEW YORK--(BUSINESS WIRE)--Today, Coty Inc. (NYSE: COTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is pleased to announce that it has renewed its license agreement with bruno banani for over twenty years. Sue Nabi, Coty’s CEO, said: “I am delighted we have renewed our highly successful partnership with bruno banani as the brand celebrates its 30th anniversary. Since winning the license in 2015, Coty has cemented ...
Coty (COTY) Expected to Beat Earnings Estimates: Should You Buy?
Zacks Investment Research· 2024-01-31 16:05
Wall Street expects a year-over-year decline in earnings on higher revenues when Coty (COTY) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 7. On the ...
Coty (COTY) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-01-27 00:21
Coty (COTY) ended the recent trading session at $12.16, demonstrating a +1.08% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.07% loss on the day. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.36%.Prior to today's trading, shares of the beauty products company had lost 3.91% over the past month. This has lagged the Consumer Staples sector's gain of 4.4% and the S&P 500's gain of 3.05% in that time.The upcoming earnings release of ...
The Coty turnaround can accelerate in 2024
MarketBeat· 2024-01-23 11:18
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 ...
Coty (COTY) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-01-13 00:33
The latest trading session saw Coty (COTY) ending at $12.24, denoting a -0.08% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.08%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.02%.The beauty products company's stock has dropped by 3.09% in the past month, falling short of the Consumer Staples sector's gain of 6.15% and the S&P 500's gain of 3.52%.Analysts and investors alike will be keeping a close eye on the performance of ...
Sally Hansen® Launches Nail Art Decals to Customize Your Mani & Expands the Salon Effects® Franchise
Businesswire· 2024-01-02 16:52
NEW YORK--(BUSINESS WIRE)--For the first time ever, Sally Hansen is launching their first wearable accessories collection, Salon Effects® Nail Accents, where consumers can experiment with their nail looks for fun nail art decals without the commitment. Sally Hansen is also expanding the Salon Effects® Perfect Manicure collection with 6 new shades. From elegant pearls to trendy geometric designs, the NEW Salon Effects® Nail Accents will enhance your manicure with easy-to-use nail decals that you can peel an ...
Coty(COTY) - 2024 Q1 - Earnings Call Transcript
2023-11-08 17:01
Coty Inc (NYSE:COTY) Q1 2024 Results Conference Call November 8, 2023 7:30 AM ET Company Participants Sue Nabi - Chief Executive Officer Laurent Mercier - Chief Financial Officer Peter Harf - Executive Chairman Conference Call Participants Nik Modi - RBC Capital Markets Oliver Chen - TD Cowen Rob Ottenstein - Evercore Filippo Falorni - Citi Korinne Wolfmeyer - Piper Sandler Anna Lizzul - Bank of America Olivia Tong - Raymond James Andrea Teixeira - JPMorgan Charles Louis Scotti - Kepler Cheuvreux Chris Care ...
Coty(COTY) - 2024 Q1 - Quarterly Report
2023-11-07 16:00
facilitate the Wella Business transition in the U.S. and Brazil. TSA fees and other fees earned were $1.0 and $2.3, respectively, for the three months ended September 30, 2023 and $0.8 and $2.1, respectively, for the three months ended September 30, 2022. The TSA fees are principally invoiced on a cost plus basis. The TSA fees and other fees were included in Selling, general and administrative expenses and Cost of sales, respectively, in the Company's Condensed Consolidated Statement of Operations. The Comp ...
Coty(COTY) - 2023 Q4 - Earnings Call Transcript
2023-08-22 17:27
Coty Inc. (NYSE:COTY) Q4 2023 Earnings Conference Call August 22, 2023 7:20 AM ET Company Participants Olga Levinzon - Senior Vice President of Investor Relations Sue Nabi - Chief Executive Officer Laurent Mercier - Chief Financial Officer Conference Call Participants Filippo Falorni - Citi Javier Escalante - Evercore ISI Anna Lizzul - Bank of America Korinne Wolfmeyer - Piper Sandler Olivia Tong - Raymond James Chris Carey - Wells Fargo Securities Andrea Teixeira - JPMorgan Linda Bolton - Davidson Mark Ast ...
Coty(COTY) - 2023 Q4 - Earnings Call Presentation
2023-08-22 17:22
10 COTY • CB INNOVATIONS LIKE COVERGIRL CLEAN FRESH YUMMY GLOSS, MAX FACTOR MASTERPIECE LASH WOW MASCARA, AND SALLY HANSEN ARTIFICIAL NAILS A&CP AT ~28% DURING Q4 AND ~27% FY23, INLINE WITH EXPECTATIONS AND STABLE YOY 13 14 • FY23 ADJ EPS EXCLUDING EQUITY SWAP OF $0.38, AN INCREASE OF +36% YOY (288) $ Millions 973 LEVERAGE ON TRACK TOWARDS ~3X EXITING CY23 ➢ IN JULY 2023, COTY ENTERED A BINDING LETTER OF INTENT TO SELL 3.6% OF ITS WELLA STAKE TO IGF WEALTH MANAGEMENT FOR $150 MILLION, SUBJECT TO CUSTOMARY C ...