COTY - Why Coty Shares Are Shooting Higher Today | Benzinga
Following the sizzling debut of its Burberry Goddess scent and other blockbuster releases, Coty Inc. (NYSE: COTY) has confidently amped up its FY24 forecasts.
The company is now expecting core LFL sales growth in the first half of FY24 of +10-12% (prior view: +8-10%).
Two of Coty's fragrance innovations are among the top five of the Fall. Coty now has three fragrance lines in the U.S. top ten.
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