NYSE:COTYPersonal Products
Evaluating Coty’s (COTY) Valuation After Earnings Reveal Gucci License Impact and Retailer Inventory Cuts
Coty (COTY) recently delivered an earnings report that matched revenue expectations, but revealed softer profit performance. The company pointed to challenges from the Gucci fragrance license transition and inventory adjustments at key retailers.
See our latest analysis for Coty.
Even with Coty’s latest reassurance about future growth, the market remains unconvinced for now. The stock’s 1-day share price return was -3.58%, capping off a punishing 90-day slide of -28.43%. Over the past year,...