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Stifel analyst Mark S. Astrachan reiterated a Hold rating on the shares of Coty Inc (NYSE:COTY) and lowered the price forecast from $8.50 to $8. Coty’s second-quarter FY25 results showed a 1% ...
Coty is one of the world's largest beauty companies and the largest fragrance company, [4] [5] with $5.3 billion in revenue for the fiscal year 2022. [6] Coty acquired 41 beauty brands from Procter & Gamble in 2016, [7] becoming the global leader in fragrance, the second largest company for hair color and styling products, [8] and the third largest company for color cosmetics. [9]
Coty's (COTY) strategic partnerships are enhancing its brand portfolio. The company is also on track with six priorities aimed at sustainable growth. Coty (COTY) Looks Strong: Stock Up More Than ...
Coty Inc (NYSE:COTY), a large-cap worth US$13.78B, comes to mind for investors seeking a strong and reliable stock investment. One reason being its ‘too big to fail’ aura which givesRead More...
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The deal reduces Coty's stake in Wella, Clairol, OPI and ghd to approximately 25.9%. KKR will continue to have a 2.4% ownership stake in Coty on an as-converted basis. [4] On July 18, 2023, Coty agreed to sell an approximate 3.6% stake in Wella to investment firm IGF Wealth Management for US$150 million.
(Reuters) -Coty Inc's fragrances and cosmetics enjoyed strong demand in the first quarter, helping it surpass Wall Street targets despite pressure from a strong U.S. dollar and the company's exit ...
Coty's (COTY) growth story can be attributable to strength in its e-commerce operations and gains from partnerships. These are aiding the company amid travel retail softness due to the pandemic.