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-0.00324412003244127 -0.00405515004055156 0 -0.00162206001622071 -0.00243309002433099 0.0048661800486617 0.00162206001622057 -0.00405515004055156
Stock impact report

Coty Faces Challenges As Category Weakness Lies Ahead, Say Analysts [Yahoo! Finance]

Coty Inc. Class A (COTY) 
Last coty inc. class a earnings: 2/5 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.coty.com
Company Research Source: Yahoo! Finance
3 min read In This Article COTY Coty Faces Challenges As Category Weakness Lies Ahead, Say Analysts 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% year-over-year decline in net revenue on a like-for-like (LFL) basis, with the Consumer Beauty segment experiencing a 4% LFL drop, while Prestige grew by 1% LFL, noted the analyst. The decline in Consumer Beauty, which represents around 33% of Coty's sales, was driven by ongoing challenges in mass cosmetics and body care, though mass fragrances saw growth. The Prestige segment, accounting for roughly 67% of Coty's sales, was bolstered by growth in prestige fragrances, but was partially offset by declines in prestige cosmetics. Coty's adjusted EBITDA for the quarter reached $391 million, surpassing the consensus estimate of $386 million, marking a 7% year-over-year increase. The Show less Read more
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