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NYSE:COTY

Coty Q4 2024 Earnings Report

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$2.46 -0.10 (-3.71%)
As of 01:18 PM Eastern
This is a fair market value price provided by Massive. Learn more.

Coty EPS Results

Actual EPS
-$0.03
Consensus EPS
$0.04
Beat/Miss
Missed by -$0.07
One Year Ago EPS
$0.01

Coty Revenue Results

Actual Revenue
$1.36 billion
Expected Revenue
$1.38 billion
Beat/Miss
Missed by -$12.25 million
YoY Revenue Growth
+0.90%

Coty Announcement Details

Quarter
Q4 2024
Time
After Market Closes
Conference Call Date
Tuesday, August 20, 2024
Conference Call Time
8:00AM ET

Earnings Documents

Coty Earnings Headlines

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About Coty

Coty (NYSE:COTY) Inc. is a multinational beauty company specializing in the development, manufacturing and marketing of fragrances, color cosmetics and skin and body care products. Established in 1904 by François Coty in Paris, the company has grown through a blend of organic innovation and strategic acquisitions to become one of the leading players in the global beauty industry. Coty’s portfolio encompasses a broad range of consumer and luxury brands, reflecting its commitment to catering to diverse consumer preferences and market segments.

The company’s product offerings span three main divisions: Coty Luxury, Coty Consumer Beauty and Coty Professional Beauty. Coty Luxury houses a collection of prestige fragrance and skincare brands, including partnerships with renowned fashion houses and designers. Coty Consumer Beauty focuses on mass-market cosmetics, color cosmetics, and personal care, featuring long-standing household names. Coty Professional Beauty serves salon and professional channels, providing hair color, styling and care products that have been staples for hairstylists and beauty professionals worldwide.

Operating in more than 150 countries, Coty maintains a global footprint with regional offices and production facilities across the Americas, Europe, the Middle East, Africa and the Asia-Pacific region. This international presence enables the company to adapt its product development, marketing and distribution strategies to meet local tastes and cultural trends. Coty also collaborates with a network of retailers, department stores and e-commerce platforms to maximize consumer reach and accessibility.

Under the leadership of Chief Executive Officer Sue Nabi, who joined the company in 2020, Coty has placed a renewed emphasis on brand innovation, sustainability and digital transformation. The management team continues to invest in research and development, leveraging scientific advancements and consumer insights to introduce new formulations and enhance existing product lines. Coty’s strategic priorities include expanding its digital capabilities, strengthening brand equity and driving growth in high-potential markets.

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