Coty
Americannoun
Example Sentences
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Coty slumped 16% after the cosmetics company missed analysts’ earnings targets for its fiscal second quarter and yanked its fiscal-year guidance, citing problems in the beauty market and a leadership transition.
From Barron's
For its part, Coty withdrew its guidance for fiscal 2026, citing weakening sales trends in consumer beauty.
For its part, Coty withdrew its guidance for fiscal 2026, citing a complex market backdrop with weakening sales trends in consumer beauty.
In October, the group agreed a deal to acquire Gucci-owner Kering’s beauty business for around $4.7 billion, including cologne label House of Creed and the rights to develop fragrances and beauty products for Kering brands like Balenciaga and Saint Laurent, as well as Gucci, once its existing license with Coty expires.
Coty slumped 13% after the cosmetics company missed analysts’ earnings targets for its fiscal second quarter and yanked its fiscal-year guidance, citing problems in the beauty market and a leadership transition.
From Barron's
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