Financial News

Coty Shares Fall After Wider-Than-Expected Q4 Loss

Share price tumbles as much as 17% following the disappointing results.

Author Image

By: TOM BRANNA

Editor

Coty’s share price tumbled 17% after the market closed on Wednesday. The beauty company posted Q4 losses of $72.1 million. The adjust EPS loss was 5 cents. Analysts forecast 1 cent profit. Net sales fell 8% to $1.25 billion, but that was above Wall Street estimates. “While Q4 was broadly in line with expectations as we set the baseline for a strong launch calendar in FY26, and we expect our organizational changes will start yielding results in the coming year, there is more to do,...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters