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Coty ( (COTY) ) has issued an update.
On February 7, 2025, Maria Asuncion Aramburuzabala Larregui resigned from Coty’s Board of Directors for personal reasons after four years of service, without any disagreements with the company. Coty reported its financial results for the first half and second quarter of fiscal year 2025, showing strong gross and operating margin expansion despite a decrease in net revenue due to FX impacts and divestitures. The prestige fragrance category outperformed, although broader challenges in the APAC region and pressured mass beauty markets impacted overall sales performance. The company achieved its lowest leverage in over eight years and continues to focus on strategic growth pillars.
More about Coty
Coty Inc. operates in the beauty industry, focusing on the production and distribution of prestige and mass fragrances, cosmetics, and skincare products. The company has a notable presence in global markets, with strategic emphasis on expanding its brand investments and enhancing its operational margins.
YTD Price Performance: -1.46%
Average Trading Volume: 5,032,372
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.88B
For detailed information about COTY stock, go to TipRanks’ Stock Analysis page.
