Coty

Coty, Inc. engages in the manufacture, market, sale, and distribution of branded beauty products. It operates through the following segments: Americas, EMEA, and Asia Pacific. The segments Americas, EMEA, and Asia Pacific focus on prestige fragrances, prestige skin care, prestige cosmetics, mass color cosmetics, mass fragrance, mass skin care and body care. The company was founded by Francois Coty in 1904 and is headquartered in New York, NY.

Earnings data Q3 2021

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Coty exceeds Q1 revenue expectations, focuses on strategic growth

Coty's Q1 2023 earnings call showcased strong financial and operational performance, with raised revenue guidance and increased adjusted EPS outlook. The company is focused on stabilizing and growing key business segments, while addressing challenges in the global supply and inflationary environment.

Coty reports solid Q2 performance, eyes growth in China

Coty's Q2 earnings call highlights strong performance in China, successful product launches, and a focus on innovation and premiumization. Challenges include supply chain issues and fragrance shortages, but the company is optimistic about growth opportunities.

Coty reports robust Q3 performance, eyes skincare expansion in China

Coty's Q3 performance reflects strong growth, driven by successful product launches and strategic investments, despite facing challenges like cost inflation and currency headwinds.
The company's balanced portfolio approach and focus on innovation position it well for continued profitable growth, with opportunities in skincare expansion and strategic reinvestment.
With sales growth accelerating, Coty remains committed to its profit forecast while navigating challenges and leveraging opportunities for long-term financial health and market expansion.
Maintaining momentum in Q4 without one-time benefits, Coty aims to sustain growth through strategic initiatives and a focus on profitability and market share.

Coty surpasses expectations with strong Q4 results and growth opportunities

Coty's strong financial performance in Q4 and fiscal '23 reflects effective execution of growth strategies and market positioning.
While facing challenges in pricing strategies and debt reduction, Coty's focus on balanced growth and profitability remains key.
Opportunities in expanding markets, clean beauty trends, and strategic partnerships position Coty for continued growth and success.
Strategic resource allocation and optimization efforts can support growth initiatives and enhance profitability.

Coty excels in Q1 2024 with strong sales and digital growth

Coty's Q1 performance was robust, with strong sales across categories and regions, supported by effective pricing strategies and digital marketing.
While challenges like skincare branding limitations and expected sales growth slowdown exist, Coty is optimistic about future opportunities and growth potential.
The company's strengths lie in its focus on premiumized innovation, diversification of growth sources, and strong performance in key markets like Asia Pacific.
Overall, Coty is well-positioned to capitalize on market trends, drive growth through innovation, and maintain a competitive edge in the beauty industry.

Coty excels in Q2 with strong fragrance growth and digital marketing success

Coty's Q2 2024 earnings call highlighted strong performance, innovation focus, and market expansion efforts. Despite challenges in China and skincare, the company remains confident in its growth trajectory and ability to deliver sustained success through balanced strategies.

Coty reports solid Q4 performance, eyes global expansion and innovation

Coty's Q4 earnings call highlighted a strong performance with a focus on global expansion, innovation, and sustainable growth strategies. The company faces challenges with cautious ordering trends and regional dynamics but sees opportunities in accelerating innovation and leveraging key markets for growth.

Coty reports Q1 growth, focuses on cost-saving and sustainability

Coty's Q1 performance showcased revenue growth and margin expansion, with strengths in fragrance leadership and social media advocacy. Challenges in U.S. sales and cautious retailer behavior were noted, but opportunities lie in cost-saving initiatives and growth prospects across categories and geographies.

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Coty, Inc. engages in the manufacture, market, sale, and distribution of branded beauty products. It operates through the following segments: Prestige, Consumer Beauty, and Corporate. The company was founded by Francois Coty in 1904 and is headquartered in New York, NY.

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COTY vs. IPAR: Which Stock Is the Better Value Option?

COTY or IPAR: Which Is the Better Value Stock Right Now?

Strong FCF quarter puts deleveraging on track. Coty continues to regain market share in cosmetics.

Coty: Strong FCF Quarter Confirms Deleveraging Story

Coty Inc. (NYSE:COTY ) Q2 2023 Earnings Conference Call February 8, 2023 8:15 AM ET Company Participants Sue Nabi - Chief Executive Officer Laurent Mercier - Chief Financial Officer Conference Call Participants Nik Modi - RBC Capital Markets Sydney Wagner - Jefferies Anna Lizzul - Bank of America Rob Ottenstein - Evercore ISI Steve Powers - Deutsche Bank Korinne Wolfmeyer - Piper Sandler Olivia Tong - Raymond James Andrea Teixeira - J.P. Morgan Chris Carey - Wells Fargo Securities Linda Bolton-Weiser - D.A.

Coty Inc. (COTY) Q2 2023 Earnings Call Transcript

COTY second-quarter fiscal 2023 results reflect improved earnings on higher adjusted net income. However, sales fall year over year.

COTY Q2 Earnings Surpass Estimates, Sales Decrease Y/Y

Coty Inc (NYSE:COTY) has announced second-quarter sales, gross margin and profit that beat its guidance despite the impact of the stronger dollar. The American-French multinational beauty company also said its January sales growth trends are accelerating sequentially as it reaffirmed its full-year 2023 revenue and profit targets and increased guidance for earnings per share.

Coty increases full-year earnings guidance after a strong second quarter

Coty (COTY) delivered earnings and revenue surprises of 46.67% and 0.29%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Coty (COTY) Beats Q2 Earnings Estimates

Coty Inc. stock COTY, +1.87% soared 4% in premarket trade Wednesday, after the cosmetics and beauty products company topped estimates for its fiscal second quarter. The company had net income of $191.9 million, or 27 cents a share, for the quarter to Dec. 31, down from $284.6 million, or 42 cents a share, in the year-earlier period.

Coty stock pops 4% premarket after earnings beat and raised guidance

NEW YORK--(BUSINESS WIRE)--Coty Delivers Strong 2Q23 Results Ahead of Expectations

Coty Delivers Strong 2Q23 Results Ahead of Expectations

New CEO is transforming COTY after years of missteps. Fragrance sales have been strong across the industry.

Coty: A Deleveraging Story With Strong Momentum

Coty's second-quarter fiscal 2023 performance is most likely to reflect the adverse impact of inflationary pressure and supply-chain-related headwinds. Unfavorable currency rates are a concern.

Coty (COTY) to Report Q2 Earnings: What's in the Offing?

Coty (COTY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Coty (COTY) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Estee Lauder

Cosmetic companies gain from favorable demand and a focus on newness. The Estee Lauder Companies (EL), Coty (COTY) and Inter Parfums (IPAR) are likely to beat earnings estimates this season.

3 Cosmetic Stocks Likely to Top Earnings Estimates This Season

NEW YORK--( BUSINESS WIRE )--Today Coty (NYSE: COTY), one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, launches a new campaign to change the dictionary definitions of beauty.

Coty Announces New Campaign to #UndefineBeauty

The stock of multinational beauty products company Coty, Inc. (NYSE: COTY) has recovered since peaking in November 2021. The Company produces and markets personal care products from some of the most well-known brands in the industry, including Calvin Klein, Sally Hansen, CoverGirl, OPI, and Rimmel.

Can Coty Stock Emerge in 2023 With Upside

COTY is benefiting from its focus on six strategic pillars of sustainable growth. The company is on track to mitigate the impact of inflation via cost savings.

Prudent Partnerships & Growth Pillars Aid COTY, High Costs Ail

Coty (COTY) and Jil Sander renew their license deal and are in for a long-running collaboration. The renewed deal is likely to fuel the growth of Coty's fragrance line.

Coty (COTY) Boosts Fragrance Line Growth With Renewed Deal

NEW YORK & MILAN--( BUSINESS WIRE )--Today, Coty, one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, and Jil Sander are happy to announce the renewal of their license agreement as well as the mutual decision to proceed with a long running partnership between the two companies.

Coty Announces Extension of License Agreement With Jil Sander

NEW YORK--( BUSINESS WIRE )--Today, Coty (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, announced the appointment of Lubomira Rochet to its Board of Directors, effective January 2, 2023.

Coty Announces Appointment of Lubomira Rochet to Its Board of Directors

COTY has made several strategic partnerships to enhance its brand portfolio. The company benefits from its focus on six strategic pillars aimed at sustainable growth.

COTY Up More Than 20% in 3 Months: Will Momentum Continue?

Coty (COTY) declares the sale of the Lacoste fragrance license back to the latter. This is likely to help Coty focus on its biggest fragrance licenses.

Coty's (COTY) Sale of Lacoste Fragrance License Bodes Well

NEW YORK & PARIS--( BUSINESS WIRE )--Coty (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, today announced the sale of its Lacoste fragrance license back to Lacoste by mutual agreement.

Coty Sells Fragrance License Back to Lacoste, Advancing Strategic Objectives

AMSTERDAM--( BUSINESS WIRE )--HUGO BOSS and Coty are happy to announce the renewal of their license agreement. The partnership, which began in 2016 and has now been extended beyond 2035, includes all BOSS and HUGO fragrances for men and women.

HUGO BOSS and Coty Renew License Agreement

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While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

5 Formerly Red-Hot Stocks Are Buy-Rated and Incredibly Trading Under $10

NEW YORK--( BUSINESS WIRE )--Coty Inc. (NYSE: COTY) today announced it is entering into agreements with several banks to start hedging a planned share buyback program of approximately $200 million in calendar 2025. This program adds to the Company's previously announced $200 million hedged buyback in CY24. Coty anticipates continued strong free cash flow generation and steady deleveraging progress in the coming years, continuing to target leverage towards 4x exiting CY22, towards 3x exiting CY23, and towards 2x CY25.

Coty Expands Its Future Shareholder Returns, Alongside Expected Capital Structure Improvement

In my opinion, Coty is an undervalued stock that currently trades at a 30-50% discount compared to its peers due to historical performance and its capital structure. The company hired a competent management team that has executed a comprehensive turnaround plan to generate sales growth while re-organizing its capital structure.

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