Coty Sets Out Comprehensive Strategy to Double Skincare Sales by FY25

Go back to Coty Sets Out Comprehensive Strategy to Double Skincare Sales by FY25

Coty (COTY) Skincare Portfolio Plans 'Credible and Impressive' - Morgan Stanley

September 22, 2022 11:00 AM EDT

Despite opening Thursday's session slightly higher, shares of Coty (NYSE: COTY) have declined in the early part of the session, down 1.9% at the time of writing.

COTY Inc held an investor day at its R&D facility in Monaco, where its leaders demonstrated its skincare portfolio. The company raised its first-quarter organic sales and gross margin guidance and maintained its FY23 guidance due to uncertainty in the macroeconomic environment. Coty increased its... More