|Bid||0.00 x 28000|
|Ask||0.00 x 42300|
|Day's Range||9.11 - 9.50|
|52 Week Range||8.15 - 21.68|
|Beta (3Y Monthly)||0.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||0.50 (5.50%)|
|1y Target Est||10.57|
Details the CEO buys this past week from the following companies: Energy Transfer, Coty, The Howard Hughes Corp, Greenhill & Co. and Air Products & Chemicals
CEO of Coty Inc (NYSE:COTY) Pierre Laubies bought 2,308,447 shares of COTY on 11/14/2018 at an average price of $8.69 a share.
Short interest is moderately high for COTY with between 10 and 15% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last month, ETFs holding COTY are favorable, with net inflows of $10.48 billion.
Cosmetics giant Coty Inc. said its chief executive resigned and its chairman was stepping aside, as the company struggles with weak sales and indigestion from buying dozens of Procter & Gamble Co.’s beauty brands. Coty, whose products include OPI nail polish and CoverGirl makeup, said on Monday that CEO Camillo Pane had resigned effective immediately. Mr. Pane, 48 years old, who took over right after the P&G deal closed in 2016, will be succeeded by Pierre Laubies, 62, another consumer-goods veteran.
Stocks that moved substantially or traded heavily Monday: Coty Inc., up 16 cents to $8.65 The struggling cosmetics company named a new CEO and chairman. Athenahealth Inc., up $11.62 to $131.97 The struggling ...
Coty Inc replaced its chief executive officer and chairman on Monday, days after the cosmetics giant rattled investors by warning that fiscal-year performance could be hurt by supply chain issues. The company said retail industry veteran Pierre Laubies would replace Camillo Pane as its chief executive officer, its fourth CEO in as many years. Coty Chairman Bart Becht is also ceding the role to fellow director Peter Harf, but will stay on the board.
Coty Inc., the company that owns CoverGirl, has named a new chief executive officer. Camillo Pane, who led the New York cosmetics company (NYSE: COTY) for two years, has resigned. Pierre Laubies was named the new CEO effective immediately.
The top executive at the New York cosmetics maker Coty is leaving less than a week after revealing that significant supply chain problems sapped revenue during the first quarter. The company said Monday that CEO Camillo Pane, who led the company for two years, resigned for family reasons. Pierre Laubies, who last ran JDE, a beverage company, takes over immediately.
Coty Inc. said Monday that Camillo Pane has stepped down from his role as chief executive officer "for family reasons," effective immediately. The beauty company has named Pierre Laubies to the role. Laubies will also become director of Coty, also effective immediately. Laubies was, until recently, the CEO of Jacobs Douwe Egberts, a coffee company. The board also agreed to begin the process of adding two independent board members, with Peter Harf taking over the chairman role from Bart Becht, effective immediately, and Erhard Schoewel named lead independent director. Last week, Coty, whose brands include CoverGirl and Max Factor, reported a fiscal first-quarter loss due to supply disruptions. Coty shares edged up 0.7% in premarket trading, but are down 57.3% for 2018 so far. The S&P 500 index is up 4% for the period.
Coty Inc. (COTY) today announced the resignation of Camillo Pane, current CEO of Coty, for family reasons and the appointment of Pierre Laubies as the new CEO of Coty, effective immediately. Bart Becht, Chairman of Coty, said: “We are very grateful for Camillo’s many contributions to Coty during his time as CEO.
Coty's (COTY) earnings improve year over year and top estimates in Q1. However, revenues remain soft, owing to supply-chain hurdles and soft Consumer Beauty performance.
Coty (COTY) reported its fiscal 2019 first-quarter earnings results on November 7. On a like-for-like basis, its revenue fell 7.7% due to widespread troubles in its supply chain. In the quarter, Coty’s Consumer Beauty segment witnessed a fall of 20.6% on a reported basis.
On November 7, Coty (COTY) stock fell 22.5% after it released its dismal earnings results for the first quarter of fiscal 2019, which ended on September 30. Supply chain disruptions alone caused a 5% fall in its revenue on a like-for-like basis. Component supply shortages and warehouse disruptions marred the segment’s top line performance.
NEW YORK, NY / ACCESSWIRE / November 8, 2018 / Shares of Etsy were on fire after reporting strong third quarter results and a boosted outlook. Shares of Coty however were plummeting on disappointing first quarter results with management citing supply chain disruptions. Etsy, Inc. shares closed up 23.70% on about 14 million shares traded yesterday.
Stocks that moved substantially or traded heavily Wednesday: UnitedHealth Group Inc., up $11.09 to $274.63 Health insurers climbed after Democrats won control of the House of Representatives, which likely ...
Coty Inc. Chief Executive Camillo Paine said the beauty company will "modify" its distribution center consolidation plan for the rest of 2018 after a fiscal first-quarter earnings report that analysts simply call "bad." Coty, whose brands include CoverGirl, Max Factor, Calvin Klein and Philosophy, reported a loss of 2 cents per share and adjusted EPS of 11 cents. Revenue totaled $2.03 billion. The FactSet consensus was for EPS of 7 cents and sales of $2.17 billion. "We're very disappointed with the supply chain disruptions we have experienced over the last quarter and the resulting full Q1 financial performance," Pane said on the call, according to a FactSet transcript. "While we have anticipated some level of disruption in the first quarter from warehousing and planning consolidation, the increased scope of the disruption resulted in much weaker results than previously expected." Over the last two years, Coty shut down three factories, restructured a fourth one, and consolidated other facilities. Pane said the company encountered supply chain problems at the end of the fourth quarter. "We're working swiftly to confine the majority of the impact of these temporary disruptions to the first half of fiscal 2019, although we expect some residual impact in the third quarter." Wells Fargo didn't hold back in its assessment. "There is no sugar coating this report - it was bad," analysts wrote. Wells Fargo rates Coty shares market perform. The stock is down 21.7% in Wednesday trading, and down 56% for the year to date. The S&P 500 index is up 4.8% for the year to date.
Inc.’s sales declined further in the latest quarter, dragged down by disruptions in the company’s supply chain and weakness at its consumer beauty division. Sales fell about 9.2% in the fiscal first quarter because of complications with Coty’s continuing efforts to consolidate distribution centers, the company said, as well as an unexpected product shortage at key suppliers and interruptions to manufacturing caused by Hurricane Florence.