PRISM MarketView Consumer Products Index Top Mover: Coty

21 February 2024

New York, February 21, 2024 - PRISM MarketView - PRISM MediaWire - Coty (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, saw its stock up almost 4% after reiterating FY24 outlook of +9-11% like-for-like revenue growth and +11-12% adjusted EBITDA growth as well as the CEO and CFO’s plans to present at the 2024 Consumer Analyst Group of New York Conference. With that, the company is a top mover in PRISM MarketView’s Consumer Products Index, which tracks small and micro-cap companies that are designing, developing and marketing innovative consumer products. COTY stock finished the day trading up 3.86%.

Coty Inc. - Prism MarketView

Since 1904, Coty has fearlessly pioneered innovation across the beauty industry. We have a reputation for breaking new ground; a history of ‘firsts’ and ‘

Coty to Update on Market Beating Progress, Outlook, and White-Space Opportunities at CAGNY 2024 Conference

NEW YORK, February 20, 2024--Coty (NYSE: COTY) (Paris: 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 confirm that Chief Executive Officer Sue Nabi and Chief Financial Officer Laurent Mercier will present at the 2024 Consumer Analyst Group of New York Conference (CAGNY) on Tuesday, February 20 at 1:00pm EST or 7:00pm CET.

CEO Sue Nabi and CFO Laurent Mercier provided an updated on Coty’s strategic and financial progress as well as its outlook on the future of the beauty industry, where it has consistently outperformed the market over the past three years. In particular, the company engages in advocacy marketing to capture growing market demand and interest. Coty intends to “deliver a best-in-class medium-term growth algorithm and drive leverage towards 2X exiting CY25.”

“We are demonstrating at full scale that Coty is the natural destination for top fashion licenses, thanks to our ability to build global Top 10 fragrance houses in less than 5 years. Through best-in-class science, innovative technology and marketing that reaches consumers around the world, we predict our brands, products and new innovations will continue to shine.”

CEO Sue Nabi

Founded in Paris in 1904, Coty has pioneered innovation in the beauty industry for the past 120 years, serving consumers around the world and selling prestige and mass market products that “empower people to express themselves freely” in more than 125 countries and territories. According to Coty, “we stand for the beauty of diversity and the diversity of beauty.”

For more information on Coty and other top consumer products movers, visit https://prismmarketview.com/index/consumer-products/

PRISM Emerging Consumer Products - Prism MarketView

The PRISM Emerging Consumer Index tracks small and micro-cap companies that are designing, developing and marketing innovative consumer products.

About Coty Inc.

Founded in Paris in 1904, Coty is one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care. We serve consumers around the world, selling prestige and mass market products in more than 125 countries and territories. Coty and our brands empower people to express themselves freely, creating their own visions of beauty; and we are committed to protecting the planet. Learn more at coty.com or on LinkedIn and Instagram.

Coty - Official Website - Fearless. Forward. You.

We are one of the world's largest beauty companies with an iconic portfolio of brands across fragrance, color cosmetics, hair color and styling, skin and body care.

PRISM MarketView does not provide investment advice.

Media Contact
Company Name: Prism MarketView
Email: info@prismmarketview.com
Phone: 646-863-6341
Website: https://prismmarketview.com

PRISM MarketView Social Media

PRISM MediaWire - Social Media and Blogs

PRISM MarketView Consumer Products Index Top Mover: Coty

PRISM MarketView

Veritone, Inc. Announces Strategic Restructuring to Accelerate Profitability and Streamline Operations

PRISM MarketView

All Charged Up: PRISM Emerging EV Index Ideal Power (IPWR) Up Over 75% in Past Five Days

PRISM MarketView

Trulieve to Open New Medical Cannabis Dispensary in Florida

PRISM MarketView

Biotech Bulletin: FDA Approval Delivers Vital Win for Pancreatic Cancer