Coty: Re-Energizing Its Financial Performance

Dec. 09, 2021 1:39 AM ETCoty Inc. (COTY) StockCOTY2 Comments
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Summary

  • Coty is pursuing a successful turnaround by implementing its transformation plan strategy.
  • It benefits from the growing beauty industry and global recovery from the pandemic.
  • The company shows a positive YoY growth in its top and bottom line which generated an ROE of 10.85 percent.
  • It has boosts from its growing e-commerce operations, from improving leadership and market share globally, and from strong guidance from the management.
  • Coty is relatively cheap among its peers.

White bath background with cosmetic bottles

Olga Peshkova/iStock via Getty Images

We live in a world where beauty is viewed as a commodity and individuals spend money on beauty products to improve their appearance and raise their self-esteem. By 2025, the global beauty industry is predicted to

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in COTY over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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