NYSE:COTY - New York Stock Exchange, Inc. - US2220702037 - Common Stock - Currency: USD
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Olaplex (NASDAQ:OLPX) and the rest of the personal care stocks fared in Q4.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the personal care stocks, including Nature's Sunshine (NASDAQ:NATR) and its peers.
Leading beauty and cosmetics stocks like EL, COTY and ULTA are thriving on innovation, technological advancements and sustainability.
Even a little bit of money invested in these three prospects will go a long way at their current valuations.
Despite ongoing macroeconomic challenges, companies like EL, COTY, HELE and EWCZ remain well-positioned, backed by digital innovation and strategic brand initiatives.
Coty, which owns cosmetics brands such as CoverGirl, had acquired the stake for $200 million in 2021.
Coty Inc. is ending its relationship with Kim Kardashian’s beauty business and selling its stake in the brand to the reality TV star’s underwear label Skims, the company announced on Friday.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Coty (NYSE:COTY) and its peers.
Beauty stocks are off to an ugly start in 2025, but there may be 1 stock that will lead the rebound as they already beat and raised earnings guidance.