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Coty Inc (COTY.N)

COTY.N on New York Stock Exchange

12.52USD
18 Sep 2018
Change (% chg)

$0.21 (+1.71%)
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Latest Key Developments (Source: Significant Developments)

Coty Announces CFO Transition
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Coty Inc ::COTY ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION.COTY INC - PATRICE WILL REMAIN CFO THROUGH MID SEPTEMBER 2018.COTY INC - COTY IS RETAINING AN EXECUTIVE SEARCH FIRM TO CONDUCT A SEARCH FOR A SUCCESSOR.COTY INC - PATRICE DE TALHOUËT, EXECUTIVE VICE PRESIDENT AND GLOBAL CHIEF FINANCIAL OFFICER, WHO IS LEAVING COTY.COTY INC - AYESHA ZAFAR, COTY'S SENIOR VICE PRESIDENT, GROUP CONTROLLER, WILL SERVE AS INTERIM CHIEF FINANCIAL OFFICER EFFECTIVE SEPTEMBER 15, 2018.  Full Article

Coty Sets Quarterly Cash Dividend Of $0.125 Per Share
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Coty Inc ::DECLARES QUARTERLY DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.125PER SHARE.  Full Article

Coty says sales in 2H will be roughly flat with previous year
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Coty Inc :CFO on conf call - Q1 is the lowest quarter of the year from a revenue standpoint‍​.It will take longer to get $1.53 in EPS which co previously expected to achieve in 2020.CEO - we believe that we should retain most shelf space for our key brands.CEO - we believe that our sales in the second half will be roughly comparable with previous year, roughly flat.Co to destock Covergirl inventory in the coming quarter, preparing for the arrival of all the new products.We expect net revenue trends of Consumer Beauty to improve as a trend over the year and in the next quarters, starting from Q2.Expects to see increased shelf space and location for Clairol in 2H of FY2018.  Full Article

Coty qtrly loss per share $‍0.03​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Coty Inc : :Coty Inc. Reports first quarter fiscal 2018 results.Coty Inc - qtrly loss per share $‍0.03​.Qtrly adjusted earnings per share $0.10 ‍​.Coty Inc qtrly ‍net revenues of $2,238.3 million increased 5% for combined company at constant currency​.Coty - ‍excluding positive contribution from deals of GHD and Younique, combined company organic net revenues declined 2% on a constant currency basis​.Coty - ‍"saw strong growth in luxury, continued positive momentum in professional and a reduced net revenue decline in consumer beauty division" in quarter​.Q1 earnings per share view $0.07, revenue view $2.24 billion -- Thomson Reuters I/B/E/S.Coty Inc - ‍as of Sept 1, have exited third and final TSA with P&G for Almea region and now have control of processes, systems and data across new Coty​.Coty - ‍looking ahead to remainder of fiscal 2018 expect to continue to deliver on announced synergies, finalize streamlining of brand portfolio​.Coty Inc- ‍looking ahead to remainder of fiscal 2018, also expect to relaunch several key brands​.Coty - ‍negative free cash flow of $120.3 million was impacted by acquisition & restructuring costs, and declined from $101.8 million for legacy-coty in quarter.  Full Article

Coty Inc declares quarterly dividend of $0.125 per common share​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Coty Inc :Coty Inc Declares quarterly dividend.Coty Inc - ‍Declared a quarterly cash dividend of $0.125 per common share​.  Full Article

Coty CEO Camillo Pane comments on non-core portfolio brand divestitures
Thursday, 9 Feb 2017 

Coty : CEO Camillo Pane says seek to divest non-core portfolio of brands that represent 6-8 percent of combined portfolio of revenue - media call Further company coverage: [COTY.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Jpmorgan chase reports 11.4 percent passive stake in Coty Inc
Thursday, 6 Oct 2016 

Coty Inc :Reports 11.4 pct passive stake in Coty Inc as of Sept 30, 2016 - SEC filing.  Full Article

P&G - final proration factor of about 15 pct for shares tendered in specialty beauty brands exchange offer
Wednesday, 5 Oct 2016 

Procter & Gamble Co :Procter & Gamble announces final proration factor of 15.0123 pct for shares tendered in P&G specialty beauty brands exchange offer.  Full Article

US STOCKS-Wall Street flat after U.S.-Mexico trade deal high

* Cosmetics firm Coty, chipmaker Xilinx up on broker upgrades (Updates to early afternoon, adds comments)