COTY News and Press, Coty Inc. Class A From 08/18/23

2023-08-18 03:53:24 ET More on adidas AG, Coty: Coty: High Leverage Ratio And Uncertain Near-Term Demand Are Risks Coty: Upping Price Target adidas's Strong Brand Will Likely Aid A Successful Recovery adidas: I'd Prefer To Buy One Of Its Competi...

Today, Coty Inc. (NYSE: COTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is pleased to announce that it has renewed its long-term license agreement with adidas. Sue Nabi, Coty’s CEO, s...

2023-08-09 16:08:40 ET Oddity Tech ( NASDAQ: ODD ) beat forecasts as it reported its first results as a publicly-traded company. For the second quarter, net revenue of $151.3M compared to $97.7M in the second quarter of 2022 and exceeding the midpoint of preliminary estimates by...

2023-07-21 11:10:20 ET Summary I recommend a hold rating for COTY despite positive early demand indicators. Coty's recent results show a 15% increase in like-for-like sales, driven by strong demand for fragrances, and the company expects this trend to continue, particularly in the...

2023-07-20 11:38:24 ET The Estée Lauder Companies ( NYSE: EL ) can’t catch a break. In the latest hit to the company, Barclays downgraded shares to Equal Weight from Overweight and dropped its price target to $193 from $210. The average Wall Street analyst price targ...

Coty Inc. (NYSE: COTY) (“Coty”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced the pricing of $750 million of 6.625% senior secured notes due 2030 (the “Notes...

2023-07-19 13:29:26 ET Oddity Tech ( NASDAQ: ODD ) opened up nearly 40% after its initial public offering priced at $35. The price range had been set between $32 to $34. Shares are trading around $49. The company sold 12.1 million shares for a valuation of nearly $2B, raisin...

2023-07-19 12:53:55 ET Oddity Tech, an AI beauty company, is set to start trading after pricing at $35, above the range of $32 to $34. The company sold 12.1 million shares for a valuation of nearly $2B, raising $424 million. Private equity firm L Catterton is a shareholder and is al...

2023-07-19 10:40:43 ET Kim Kardashian’s Skims raised $270M in a new funding round that values it at $4B, the New York Times reported. That compares to a $3.2 billion valuation investors gave the startup last year. Skims, which started as a shapewear company to help people fit...

2023-07-19 07:40:35 ET Beauty company Coty ( NYSE: COTY ) said on Wednesday that it intends to launch a $600M senior secured notes offering. The interest rates and other key terms related to the offering will be determined at the time of pricing. The net proceeds are inten...