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Coty Inc (COTY.N)

COTY.N on New York Stock Exchange

10.53USD
19 Oct 2018
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$-0.31 (-2.86%)
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Latest Key Developments (Source: Significant Developments)

Coty Announces CFO Transition
Tuesday, 21 Aug 2018 07:00am EDT 

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 06:30am EDT 

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 09:25am EST 

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 06:30am EST 

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 06:30am EST 

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 09:00am EST 

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

JAB sees acquisition opportunities in non-alcoholic beverages: Manager Magazin

BERLIN/ZURICH Privately owned investment firm JAB Holding Co, best known for stirring up the coffee industry with a string of deals, sees huge opportunities for acquisitions in the market for non-alcoholic beverages, one of its senior partners said in an interview with Germany's Manager Magazin published on Thursday.