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Coty Inc (COTY.N)

COTY.N on New York Stock Exchange

13.39USD
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Wed, May 8 2019

Coty's revenue falls short of estimates, hit by supply hiccups and weaker demand

Coty Inc reported quarterly revenue that fell short of analysts expectations, hit by supply chain disruptions and lower demand for its mass market cosmetic brands such as CoverGirl and Rimmel, sending its shares down as much as 9 percent.

UPDATE 1-Coty's quarterly revenue falls short of estimates, hit by supply chain problems

May 8 Cosmetics maker Coty Inc reported quarterly revenue that missed Wall Street expectations on Wednesday, hit by supply chain disruptions and lower demand for its beauty products that includes Cover Girl and Rimmel brands.

REFILE-Coty's quarterly revenue misses expectations

May 8 Cosmetics maker Coty Inc reported quarterly revenue that missed Wall Street expectations on Wednesday, hit by supply chain disruptions and lower demand for its consumer beauty products that includes Cover Girl and Rimmel brands.

Coty forms special panel to evaluate JAB's offer to raise stake to 60 percent

Coty Inc said on Friday it has formed a special committee to evaluate shareholder JAB Holding Co's offer to raise its stake in the cosmetics maker to 60 percent.

Coty forms special panel to evaluate JAB's offer to raise stake to 60 percent

Feb 15 Coty Inc said on Friday it has formed a special committee to evaluate shareholder JAB Holding Co's offer to raise its stake in the cosmetics maker to 60 percent.

JAB offers to boost stake in Coty to 60 percent

German conglomerate JAB Holding Co laid out plans on Tuesday to increase its stake in Coty Inc to 60 percent, offering to buy out some of the cosmetics maker's minority shareholders after a 50 percent slump in its market value in the past year.

UPDATE 2-JAB offers to boost stake in Coty to 60 percent

Feb 12 German conglomerate JAB Holding Co laid out plans on Tuesday to increase its stake in Coty Inc to 60 percent, offering to buy out some of the cosmetics maker's minority shareholders after a 50 percent slump in its market value in the past year.

JAB offers to boost stake in Coty

Feb 12 JAB Holding Co, a consumer goods-to-coffee conglomerate, on Tuesday laid out plans to increase its stake in cosmetics maker Coty Inc to 60 percent.

US STOCKS-Persisting trade worries send Wall Street lower

* Dow down 0.60 pct, S&P 500 down 0.23 pct, Nasdaq flat (Updates to mid-afternoon, changes byline, dateline)

Coty rebounds, sees profit in second half; shares surge

Cosmetics and perfume maker Coty Inc said on Friday it expected to post a profit in the second half of fiscal 2019 as it reported holiday-quarter revenue and adjusted earnings that beat Wall Street estimates, sending its shares up 29 percent.

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