|Bid||10.30 x 1400|
|Ask||10.31 x 1800|
|Day's Range||10.06 - 10.35|
|52 Week Range||5.91 - 14.14|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 5, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||0.50 (4.92%)|
|1y Target Est||11.21|
Tiffany & Co. (TIF) announced today the launch of the brand’s latest fragrances, Tiffany & Love for Him and Tiffany & Love for Her, produced and distributed by Coty Inc. (COTY), and debuting globally in October 2019. Tiffany & Love is the next chapter in perfumery for Tiffany & Co., and honors the brand’s legacy of celebrating love and commitment. This is the brand’s first exploration into the dual fragrance category, and the inaugural launch of men’s fragrance under the creative direction of Reed Krakoff, chief artistic officer, Tiffany & Co.
Coty (COTY) gains from continued advancements in the Luxury business and the digital platform. However, sluggishness in the Consumer Beauty segment is a worry.
Avon (AVP) is progressing well on its 'Open Up Avon' strategy. The company remains committed to attaining its long-term financial targets. However, soft trends in the EMEA segment remain a concern.
Coty Inc. (COTY) today announced a strengthened Leadership organization for its Supply Chain to support its ongoing turnaround plan and future growth. After the initial phase focusing on stabilizing the Supply Chain, putting in place the necessary immediate corrections with respect to our 2018 challenges which are now behind us, as well as assessing the strengths and weaknesses of this function and design the roadmap of its evolution in our turnaround plan, the time has now come to implement the action plans and focus on the key value creation objectives. Those objectives will be at the core of the refined Leadership organization for the Coty Supply Chain in which the Procurement function and Supply Operations will be organizationally disassociated and reinforced.
COTY stock is on the rise Thursday following positive news about Gucci lipstick sales.Source: chrisdorney / Shutterstock.com Coty (NYSE:COTY) release its own line of Gucci lipstick in May with 58 shades. The launch of the product was much better than the company was expecting with it selling more than 1 million tubes of the beauty product during its first month.Coty says that the launch of the Gucci lipstick line has been incredibly successful for it. CEO Pierre Laubie pointed out as much by saying that the company saw 33,000 tubes of lipstick sell from one store in Asia during just a single day.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThose numbers are already amazing, but the great thing for COTY stock is that the company doesn't plan to stop with just lipstick. Now that the Gucci lipstick was a success, it is looking to introduce more beauty products to the line, reports Harper's Bazaar. * 7 Stocks to Buy In a Flat Market So how are customers feeling about the Gucci lipstick line? Let's see what Twitter (NYSE:TWTR) has to say about it. * "my lover just bought me a gucci lipstick can i marry him now pwease?" * "Gucci Lipstick. OMG! " * "My bf surprised me with a Gucci lipstick " * "Gucci lipstick $39 I barely wanna pay my lil $16 for MAC lipstick." * "wearing my gucci lipstick today."Looks like COTY will be doing well if its other beauty products can match its Gucci lipstick.COTY stock was up 4% as of Thursday afternoon and is up 35% since the start of the year. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth As of this writing, William White did not hold a position in any of the aforementioned securities.The post COTY Stock Surges on Success of Gucci Lipstick Launch appeared first on InvestorPlace.
On Tuesday we saw stocks open higher and turn lower. On Wednesday though, it was just the opposite. Equities took any early stumble in morning trade, but were able to shake off the losses and turn higher. While the rhetoric hasn't been great, the market has been holding up so far this month. Let's look at a few top stock trades. Top Stock Trades for Tomorrow 1: VeevaVeeva (NASDAQ:VEEV) reported some awesome quarterly results, but saw its stock selloff despite the solid update.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Companies Using AI to Grow In any regard, $155 held as support, a key level that's been in play for months now. On the downside, that is now the level to watch. On the upside, see that VEEV can reclaim the 50-day moving average.If it can and it takes out Wednesday's high, look for a potential run to $175. Above that and new highs are possible. Top Stock Trades for Tomorrow 2: Canopy GrowthWhat a rough ride it's been for Canopy Growth (NYSE:CGC). Fortunately for InvestorPlace readers, we've been flagging the breakdown in CGC and many other cannabis plays for some time now.While the rally is impressive so far today, CGC investors should realize the stock is still locked in a downtrend. A move over $25 would launch CGC out of that channel, but a close over the 20-day would be even more promising.If it can do that, a gap-fill back up toward $32 is on the table. If it remains channel-bound, new lows are possible. Top Stock Trades for Tomorrow 3: Bank of AmericaBank of America (NYSE:BAC) and other bank stocks were quick to rally off their opening lows on Wednesday, jumping higher on the day despite worries over rates, yield curves and recessions.It's a good sign for bulls, particularly if the group can build any sort of upside momentum. BAC stock is flirting with such a move, as it peeks its head over downtrend resistance (blue line). The stock has been putting in lower highs all month and an end to that trend would be great news.If bulls can sustain some upside momentum, it may take BAC to the 200-day moving average near $28, and possibly higher. Remember, a month ago BAC stock was trading near $31.The MACD is turning in bulls' favor (blue circle), but a close below $26 would be a huge red flag. Top Stock Trades for Tomorrow 4: TiffanyAfter turning lower in morning trade, Tiffany & Co. (NYSE:TIF) is putting together an impressive post-earnings reversal. However, bulls need to see TIF close north of $88.That will put Tiffany over the 200-week and 10-week moving averages, as well as current downtrend resistance (blue line). Over this range puts the 50-week moving average in play.If resistance holds TIF in check, look to see that $80 holds as support. Below this level opens up the door to the low-$70s. Top Stock Trades for Tomorrow 5: CotyUp 5% on Wednesday, Coty (NYSE:COTY) is enjoying a decent post-earnings rally. However, it does find itself at an important juncture. Shares need to close over $9.50, which is both a significant level over the past year, as well as the 20-day moving average.Right in the middle of its range, COTY has been as low at $5.80 and as high as $14. A move over $9.50 puts its 200-day moving average on the table and can allow investors to start repairing some of COTY's technical damage, putting higher prices in play if it can build support on top of current resistance. * 7 Tech Industry Dividend Stocks for Growth and Income If price is rejected near $9.50, it may keep downtrend resistance and lower prices in play.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long BAC. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Industry Dividend Stocks for Growth and Income * 7 Stocks the Insiders Are Buying on Sale * 7 of the Worst Stocks on Wall Street The post 5 Top Stock Trades for Thursday: VEEV, CGC, BAC, TIF appeared first on InvestorPlace.
Coty's (COTY) Q4 results depicts persistent softness in the Consumer Beauty segment, due to weakness in Younique. However, growth in the Luxury unit is an upside.
Investing.com - Makeup and fragrance maker Coty (NYSE:COTY) was higher in midday trade on Wednesday after it said it was ending its partnership with social-media company Younique.
Coty (COTY) delivered earnings and revenue surprises of 0.00% and -0.58%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Cosmetics maker Coty Inc raised its annual revenue forecast on Wednesday, as it embarks on a multi-year turnaround plan that involves cost cuts and increased investment in advertising, sending shares up 5%. Coty expects to incur restructuring costs of about $300 million during the year. Coty said it was now pumping money into advertising, while cutting down on promotion and discounts, to boost sales of brands sold under the segment.
The Board of Directors of Coty Inc. (COTY) declared a quarterly cash dividend of $0.125 per common share, payable on September 30, 2019, to shareholders of record on September 9, 2019. This dividend is eligible for Coty’s stock dividend reinvestment program giving shareholders the option to receive their full dividend in cash or to receive their dividend in 50% cash / 50% common stock. For purposes of determining the common stock dividend, the number of shares of common stock will be calculated on the basis of the average share price on the New York Stock Exchange over the period of five trading days up to and including September 9, 2019.
Coty (COTY) and Younique today announced a mutual decision to terminate their partnership. Given the different nature of the companies’ business models and the need for a strong and specific focus to successfully improve fundamentals, Coty and Younique have agreed to part and focus on their respective strengths. Coty has recently announced a comprehensive roadmap to improve performance and unlock significant value in its core business.
NEW YORK, NY / ACCESSWIRE / August 28, 2019 / Coty, Inc. (NYSE: COTY ) will be discussing their earnings results in their 2019 Fourth Quarter Earnings to be held on August 28, 2019 at 8:00 AM Eastern Time. ...
Public remarks from two regional Federal Reserve speakers will punctuate an otherwise light day for new economic data and corporate earnings releases on Wednesday.
Coty Inc. is expected to report net income of $122.3 million, or 16 cents a share, on sales of $2.1 billion before the market opens on Wednesday, based on a FactSet survey of 12 analysts. Quarterly estimates have risen less than 1 cent a share in the past month. Coty is currently trading at a price-to-forward-earnings ratio of 12.6 based on the 12-month estimates of 14 analysts surveyed by FactSet.
Soft consumer beauty unit and supply chain hurdles are threats to Coty's (COTY) performance in Q4. However, savings efforts are likely to offer some respite.
L'Oréal CEO Jean-Paul Agon made some comments on pollution in an interview with Marketwatch. He said “When you live in a city your skin, your hair is challenged more than if you were living in a rural area, so you need more shampoos, conditioners, skin care, hydrating creams, anti-UV, etc. Urban life means more socialization, and more socialization means more beauty consumption.” Yahoo Finance Dan Roberts, Julia La Roche and Brian Cheung discuss.