Coty: Growing U.S. Beauty Industry
COTYCoty(COTY) Seeking Alpha·2024-07-13 19:44
Klaus Vedfelt/DigitalVision via Getty Images Synopsis Coty Inc. (NYSE:COTY) is one of the largest beauty companies in the world and owns a portfolio of renowned brands. COTY’s historical financials have demonstrated strong top-line growth. Additionally, its profitability margins over the same period expanded annually as well. For its most recent quarter, it continues to report net revenue growth driven by growth in both of its reportable segments. Currently, both prestige and mass beauty channels have b ...