Favorable Market Trends Image Source: Zacks Investment Research Coty made several strategic partnerships to enhance its brand portfolio. On May 7, 2024, the company unveiled that it had signed a long-term license agreement with Lena Gercke to develop, produce, and distribute LeGer's debut fragrance. On Feb 20, 2024, the company entered into a new license agreement with Etro to manufacture and distribute its signature fragrance lines and home scent collections beyond 2040. In its second-quarter fiscal 2024 e ...

While we wait, it feels like a great time to plan for future trades. I have been all over the "Vanity" trade, based on the assumption the diet drugs lead to bringing in a new wave of consumers. Sign up for our FREE newsletter and receive our best trading ideas and research Leave this field empty if you're human: Nu Skin Enterprises offers a range of popular products across skincare, wellness, and beauty. Next is COTY Inc (COTY) Coty Inc. is an American multinational beauty company founded in 1904 by Françoi ...

In the Zacks Cosmetics industry, companies are navigating through inflationary pressures and supply chain obstacles. The general decline in discretionary spending due to prevailing inflationary conditions has impacted the demand for products from various companies. Nevertheless, initiatives aimed at enhancing digital capabilities and fostering innovation have proven effective for firms such as The Estee Lauder Companies Inc. (EL) , Coty Inc. (COTY) , Helen of Troy Limited (HELE) and European Wax Center, Inc ...

Of the total revenue, $628 million came from EMEA during the last fiscal quarter, accounting for 45.3%. This represented a surprise of +7.4% as analysts had expected the region to contribute $584.73 million to the total revenue. In comparison, the region contributed $825.7 million, or 47.8%, and $587.6 million, or 45.6%, to total revenue in the previous and year-ago quarters, respectively. Have you looked into how Coty (COTY) performed internationally during the quarter ending March 2024? Considering the wi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER 001-35964 | --- | --- | |----------------------------------------------------------------|--------------------------------------| | ...

Coty Inc. (NYSE:COTY) Q3 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Olga Levinzon - Senior Vice President of Investor Relations Sue Nabi - Chief Executive Officer Laurent Mercier - Chief Financial Officer Conference Call Participants Operator Hello everyone, this is Olga Levinzon, Coty’s Senior Vice President of Investor Relations. Thank you for joining us today for the prepared remarks portion of Coty’s Third Quarter Fiscal 2024 Earnings. On Tuesday, May 7, 2024, at approxima ...

May 6, 2024 KEY MESSAGES ▪ Q3 LFL REVENUE GROWTH OF +10% AND FYTD +13%, FUELED BY BOTH DIVISIONS WITH PARTICULAR STRENGTH IN PRESTIGE; EXPANSION IN ALL 3 REGIONS, WITH MARKET SHARE GAINS IN ALL THREE REGIONS IN PRESTIGE; AND CONTRIBUTION FROM VOLUME AND PRICE / MIX, REINFORCING COTY'S BALANCED GROWTH AGENDA ▪ Q3 ADJ GROSS MARGINS +190BPS WITH FYTD GROSS MARGIN OF 64.4% UP 20BPS YOY; Q3 ADJ OP INCOME GREW +17% YOY AND ADJ EBITDA GREW +10%, WITH EBITDA MARGIN +30BPS ▪ STRONG EXECUTION ACROSS ALL OF OUR STRATE ...

Coty (COTY) reported $1.39 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 7.5%. EPS of $0.05 for the same period compares to $0.19 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.37 billion, representing a surprise of +0.86%. The company delivered an EPS surprise of -16.67%, with the consensus EPS estimate being $0.06.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...

Coty Reports Strong Results Ahead of Beauty Market, with Double-Digit Growth FYTD Q3 Sales Exceed Expectations on Prestige Share Gains and Strength in Beauty Demand Continuing Expansion in Operating Income and Margin FY24 Outlook Raised to High End of Guidance Range NEW YORK - May 6, 2024-- Coty Inc. (NYSE: COTY) (Paris: COTY) ("Coty" or "the Company") today announced its results for the third quarter of fiscal year 2024, ended March 31, 2024. The Company's strong above-market sales growth, reported and adj ...

The upcoming report from Coty (COTY) is expected to reveal quarterly earnings of $0.06 per share, indicating a decline of 68.4% compared to the year-ago period. Analysts forecast revenues of $1.37 billion, representing an increase of 6.6% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 4.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's e ...