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home / articles / why coty shares are shooting higher today benzinga mwn benzinga


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.

Also Read: Full story available on Benzinga.com

Stock Information

Company Name: Coty Inc. Class A
Stock Symbol: COTY
Market: NYSE

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