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Coty Inc. ( NYSE:COTY ), is not the largest company out there, but it led the NYSE gainers with a relatively large...
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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]
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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...
Coty (COTY) gains on advancements in its Luxury business and e-commerce platform. However, sluggishness in the Consumer and Professional Beauty segment is a worry.
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Coty's quarterly net revenue fell 3.34% to $1.67 billion, its first drop in eight quarters, missed analyst estimates of $1.72 billion, according to data compiled by LSEG.