Coty
Americannoun
Example Sentences
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Coty slumped 13% after the cosmetics company missed analysts’ earnings targets for its fiscal second quarter and yanked its fiscal-year guidance, citing problems in the beauty market and a leadership transition.
From Barron's
For the fiscal third quarter, Coty guided for revenue to decline by a mid-single-digit percentage on a like-for-like basis, primarily due to weaker consumer beauty sales trends, the company said.
Coty’s prestige business, which includes brands like Kylie Cosmetics and fragrances by Gucci and Marc Jacobs, recorded a 2% rise in sales.
Coty, one of the world’s largest beauty companies, has struggled in recent years after supply-chain disruptions during the pandemic and amid an uncertain economy and changing consumer demand.
Coty’s like-for-like revenue fell 8% for the first quarter of its 2026 fiscal year compared with the prior year.
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