Tag: $Coty

Coty pushes ahead with plans for dual Paris listing

Beauty company’s return to city of its founding seen as a vote of confidence in leadership of Sue Nabi

Coty’s stock jumps premarket after company raises fiscal 2024 guidance to reflect strength in prestige fragrances

Coty Inc.’s stock  jumped 4.6% in premarket trade Wednesday, after the beauty, cosmetics and fragrance giant raised guidance for fiscal 2024, boosted by strength in its prestige fragrance business.

Coty forecasts downbeat annual profit as goods, labor costs bite

CoverGirl parent Coty forecast annual profit below Wall Street expectations on Tuesday, signaling a hit from steeper input and labor expenses even as the company raised product prices to shield itself from higher costs and a strong dollar.