Latest news with #COTY
TimesLIVE
18-07-2025
- Automotive
- TimesLIVE
Why the SA-built BMW X3 will stoke your sense of patriotism
Part of the M Sport kit is a thick-rimmed, three-spoke steering wheel, with a familiar template that echoes a style dating back to the most beloved BMW icons of decades past. It feels right and ergonomically correct in the palms. At the COTY testing days some (including myself) were surprised at how quiet the cabin is despite the diesel powertrain. Some thought they were in the petrol version. Vibrations and exterior intrusions are incredibly well suppressed. The 2.0l turbocharged-diesel, four-cylinder unit outputs 145kW/400Nm, with a gutsy feel under hard acceleration, typical of torque-rich oil-burner motors from Bimmer. The best part is that even if you drive with a leaden foot, average consumption lingers around the late 6l/100km mark. Allow me to wrap-up this ode to the X3 with two gripes that were identified. Minor issues but they exist nonetheless. First, there seemed to be no way to fully deactivate the automatic stop-start system. I certainly could not find the right button. Second, the doors unlock automatically each time you engage the parking brake. The obvious downside to this was revealed in bumper-to-bumper traffic. The X3 is an awesome example of what the local automotive manufacturing sector is capable of. We need such reminders, particularly in uncertain times where global politics, government-related challenges and tough local economic conditions loom threateningly over the fate of the industry.
Business Wire
09-07-2025
- Entertainment
- Business Wire
Lock In Instant Definition and Volume with COVERGIRL's NEW Mascara
NEW YORK--(BUSINESS WIRE)--Get ready to lock in lashes that feel stronger and protected with COVERGIRL's latest addition to the Lash Blast portfolio. Say hello to NEW Lash Blast Bond Mascara, formulated to deliver instant definition and up to 5x visible volume* (*vs bare lashes). Formula infused with a bonding complex creates a protective barrier around lashes and visibly improves lash quality. The precision curve brush lifts and separates each lash, creating a beautifully defined, fanned-out look that is smudge-proof, flake-proof and clump-free with up to 24 hours of wear. Ophthalmologically tested and suitable for sensitive eyes and contact lens wearers, Lash Blast Bond Mascara is available in 4 shades: Extreme Black, Black, Brown and Extreme Black Waterproof. 'COVERGIRL is so excited to bring lash care to the Lash Blast family with our NEW Lash Blast Bond Mascara! The rise of bonding products in the world of haircare inspired us to recognize the importance of lash care in mascara. This mascara won't just offer instant definition and volume – although you'll get up to 5x visible volume* in just one coat! The formula is infused with a nourishing bonding complex to help your lashes feel stronger and protected while visibly improving lash quality. Lash Blast Bond Mascara is the perfect balance between the defined, bold Lash Blast look AND caring for your lashes!' – Mary Santangelo, Senior Vice President, COVERGIRL Global Marketing, at COTY Like all COVERGIRL products, COVERGIRL's Lash Blast Bond Mascara is Leaping Bunny Approved by Cruelty Free International, the gold standard cruelty free program for cosmetics, personal care and household product brands which are committed to removing animal testing from their supply chains. Lash Blast Bond Mascara is available everywhere COVERGIRL is sold, in the makeup aisle. ABOUT COVERGIRL COVERGIRL, a beloved American brand, celebrates authenticity, diversity, and self-expression through beauty. Born in 1961, COVERGIRL offers accessible, affordable, and inclusive products for everyone. Through the years, COVERGIRL has partnered with inspirational, barrier-breaking, and diverse people as the faces of the brand. In 2018, COVERGIRL became the largest makeup brand to be Leaping Bunny Approved by Cruelty-Free International, which means all of our products are in compliance with Cruelty-Free International criteria, no matter where we are sold. Visit or find @COVERGIRL on social media for more information. ABOUT COTY 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. Coty serves consumers around the world, selling prestige and mass market products in more than 130 countries and territories. Coty and our brands empower people to express themselves freely, creating their own visions of beauty; and we are committed to making a positive impact on the planet. Learn more at or on LinkedIn and Instagram.
Business Wire
27-05-2025
- Business
- Business Wire
Tap On a Weightless, Instant Blur with COVERGIRL's NEW Skin Tint
NEW YORK--(BUSINESS WIRE)--Get ready to experience a weightless skin tint that offers the most skin-like matte finish, and more. COVERGIRL is thrilled to launch NEW Clean Fresh Blurring Skin Tint, the latest addition to the Clean Fresh portfolio. More than a skin tint, it blurs and protects with SPF 30 in a weightless, skin-loving formula. Light, buildable coverage with a soft-matte finish blurs the appearance of pores. Infused with 2% Niacinamide to smooth, Licorice Root Extract to soften, brighten and fade the appearance of post-acne marks and Bamboo Extract to absorb excess oil and control shine. Formulated with Broad Spectrum SPF 30 Mineral Sunscreen to protect against UVA/UVB rays. Designed for all skin types, including oily and acne-prone skin, Clean Fresh Blurring Skin Tint is more comfortable than traditional matte formulas* (based on consumer study of 71 women after one week of use). 'At COVERGIRL, we believe every product should be easy to use, packed with benefits and feel as good as it looks. We saw an opportunity to introduce a matte finish to Clean Fresh, but with a twist, a comfortable matte formula that is extremely comfortable to wear and hydrates skin, blurs the look of pores and is packed with skin benefits and SPF. It's the ultimate multitasker!' – Mary Santangelo, Senior Vice President, COVERGIRL Global Marketing, at COTY. Like all COVERGIRL products, COVERGIRL's Clean Fresh Blurring Skin Tint is Leaping Bunny Approved by Cruelty Free International, the gold standard cruelty free program for cosmetics, personal care and household product brands which are committed to removing animal testing from their supply chains. Clean Fresh Blurring Skin Tint is available everywhere COVERGIRL is sold, in the makeup aisle. ABOUT COVERGIRL COVERGIRL, a beloved American brand, celebrates authenticity, diversity, and self-expression through beauty. Born in 1961, COVERGIRL offers accessible, affordable, and inclusive products for everyone. Through the years, COVERGIRL has partnered with inspirational, barrier-breaking, and diverse people as the faces of the brand. In 2018, COVERGIRL became the largest makeup brand to be Leaping Bunny Approved by Cruelty-Free International, which means all of our products are in compliance with Cruelty-Free International criteria, no matter where we are sold. Visit or find @COVERGIRL on social media for more information. ABOUT COTY 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. Coty serves consumers around the world, selling prestige and mass market products in more than 130 countries and territories. Coty and our brands empower people to express themselves freely, creating their own visions of beauty; and we are committed to making a positive impact on the planet. Learn more at or on LinkedIn and Instagram.
Yahoo
20-05-2025
- Business
- Yahoo
Coty Trading Cheaper Than Industry: What's the Next Best Move?
Coty Inc. COTY is currently trading at a discount to its historical and industry benchmarks. COTY stock trades at a forward 12-month price-to-earnings ratio of 10.57, below its median level of 13.30 in the past year and lower than the industry's average of 23.01. This suggests that COTY may be undervalued relative to its earnings potential, presenting an attractive opportunity for investors. The company's current Value Score of B further highlights its potential for long-term growth. Image Source: Zacks Investment Research Coty's shares have lost 11.9% in the past three months compared with the industry and the S&P 500 index's decline of 8.6% and 0.9%, respectively, highlighting a more modest performance amid broader market us analyze the fundamentals of Coty to understand the key drivers behind its market position and financial resilience. Coty's focus on six strategic pillars has been instrumental in driving sustainable growth. These include stabilizing Consumer Beauty brands, accelerating luxury fragrances, expanding into the skincare segment, enhancing e-commerce and direct-to-consumer capabilities, growing in China and leading the industry in sustainability. This multi-pronged strategy helped the company maintain its competitive edge, especially in the high-growth Prestige beauty continued to outperform the market in e-commerce sell-out across both its Prestige and Consumer Beauty divisions during the third quarter of fiscal 2025. E-commerce represents approximately 20% of the company's total sales, underscoring its growing importance as a strategic channel. Looking ahead, Coty plans to further strengthen this channel with the launch of another brand on Amazon in the first quarter of fiscal 2026. In addition, the company is also tapping into emerging platforms such as TikTok Shop to drive consumer engagement and brand visibility. These highlight the company's robust digital capabilities and brand is progressing well with the All In to Win transformation program across five key work areas, driving notable improvement in cost, gross margins, sales growth and cash. The company's cost reduction program has been helping it redirect capital to structural growth capabilities and teams. In the third quarter of fiscal 2025, Coty achieved approximately $40 million in cost savings, with most of the savings in gross margin-related areas. For the full-fiscal year, the company remains on track to deliver total productivity savings of around $120 million. Looking ahead, Coty plans to accelerate growth in its Prestige division in fiscal 2026 with two major fragrance launches and U.S. expansion of a top brand. The company aims to capture opportunities across ultra-premium scents, body mists and pen sprays. In Consumer Beauty, Coty will roll out new fragrance lines with key retailers and expand into adjacent categories. Innovation will be supported by new technologies across cosmetics. These efforts are backed by a focus on winning channels like e-commerce and TikTok Shop to reinforce Coty's global fragrance leadership. Coty's U.S. operations, critical to its global footprint, were the primary driver of the like-for-like sales decline in the third quarter of fiscal 2025 and represented the biggest headwind to year-to-date performance. In response, Coty has announced U.S. market leadership changes and organizational restructuring aimed at enhancing agility and execution across its U.S. operations. Until then, the continued underperformance in this core geography could erode investor sentiment and raise questions about Coty's ability to regain market share in its largest strong Prestige division faced a convergence of three significant headwinds in the third quarter of fiscal 2025. First, the overall prestige fragrance market slowed notably. Second, the company's innovation calendar in fiscal 2025 lacked major new product launches. Third, the company continued to work through elevated inventory levels at retailers. In addition to the triple headwinds, Prestige's makeup sales also declined. Together, these pressures highlight the vulnerability of the Prestige segment in the current-fiscal has been experiencing higher advertising and consumer promotions (A&CP) spending for a while now. In the third quarter of fiscal 2025, the A&CP percentage remained in the high 20s, showing a year-on-year rise. If not effectively managed, the continued increase in such expenses could further impact Coty's margins and profitability in the coming quarters. Image Source: Zacks Investment Research Coty has shown strategic discipline through its transformation efforts, digital expansion and focus on high-growth channels. Despite recent pressures, including softness in the U.S. market and inventory challenges, the company remains well-positioned for long-term growth, supported by its strong presence in Prestige beauty and e-commerce. While its discounted valuation offers an attractive entry point, near-term headwinds may limit upside potential. All considered, existing investors may choose to hold their positions as Coty navigates its recovery. Currently, Coty carries a Zacks Rank #3 (Hold). Nomad Foods Limited NOMD manufactures, markets and distributes a range of frozen food products in the United Kingdom and internationally. It currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Nomad Foods' current fiscal-year sales and earnings implies growth of 5% and 7.3%, respectively, from the prior-year levels. NOMD delivered a trailing four-quarter earnings surprise of 3.2%, on International, Inc. MDLZ manufactures, markets and sells snack food and beverage products in Latin America, North America, Asia, the Middle East, Africa and Europe. It presently carries a Zacks Rank of 2 (Buy). MDLZ delivered a trailing four-quarter earnings surprise of 9.8%, on average. The Zacks Consensus Estimate for Mondelez International's current financial-year sales indicates growth of 4.9% from the year-ago numbers. Oatly Group AB OTLY, an oatmilk company, provides a range of plant-based dairy products made from oats. It presently carries a Zacks Rank of 2. OTLY delivered a trailing four-quarter earnings surprise of 25.1%, on consensus estimate for Oatly Group's current fiscal-year sales and earnings implies growth of 2.7% and 56.6%, respectively, from the year-ago figures. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mondelez International, Inc. (MDLZ) : Free Stock Analysis Report Coty (COTY) : Free Stock Analysis Report Nomad Foods Limited (NOMD) : Free Stock Analysis Report Oatly Group AB Sponsored ADR (OTLY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
09-05-2025
- Business
- Yahoo
Why Coty Inc. (COTY) Nosedived on Wednesday
We recently published an article titled . In this article, we are going to take a look at where Coty Inc. (NYSE:COTY) stands against the other stocks. The stock market bounced back from the previous day's losses, with all major indices finishing higher as investors cheered the central bank's decision to keep interest rates unchanged. On Wednesday afternoon, the Federal Reserve kept rates steady at a range of 4.25 percent to 4.5 percent, saying that it was not in a hurry to cut rates and could still 'wait and see' the impacts of President Donald Trump's tariff policies. The Dow Jones rallied by 0.70 percent, the S&P 500 increased by 0.43 percent, and the Nasdaq grew by 0.27 percent. Beyond the major indices, bucked a broader market optimism as investors sold off on a series of disappointing news. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. A close-up of a woman's face wearing a beauty product, highlighting the company's range of luxury items. Coty Inc. (NYSE:COTY) dropped its share prices by 11.61 percent on Wednesday to end at $4.57 apiece following disappointing earnings coupled with a weak outlook for the rest of the year. In its latest earnings release, Coty Inc. (NYSE:COTY) said it swung to an attributable net loss of $405.7 million for the third quarter ending March 2025 from a net income of $3.8 million year-on-year. This pulled the company to a nine-month net loss of $299.1 million versus a $186.3 million net income in the same period a year earlier. Net revenues for the quarter were also lower by 6 percent to $1.299 billion from $1.385 billion, while net revenues for the nine-month period dipped by 2 percent to $4.64 billion from $4.75 billion. Looking ahead, Coty Inc. (NYSE:COTY) said it expects a high single digit decline in sales for the fourth quarter of the current fiscal year amid the continuing current category trends coupled with its ongoing interventions 'to clean up the baseline of the business to prepare for a healthier [full-year] 2026.' Overall COTY ranks 4th on our list of Wednesday's worst performers. While we acknowledge the potential of COTY as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than COTY but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
