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Coty is one of the leading global beauty companies, founded in Paris in 1904 and based in New York, USA. The company owns a diversified portfolio of over 77 brands, including fragrances, salon hair care, color cosmetics, body and skin care. They own such well-known names as Calvin Klein, Chlo_, Clairol, CoverGirl, Marc Jacobs, OPI, philosophy, Rimmel London, Sally Hansen, Wella and more. The company markets its products in over 130 countries and employs more than 20,000 people. Coty is an S&P 500 component and is listed on the New York Stock Exchange (NYSE). Follow the Coty share price at Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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