Coty Strategic Review and Portfolio Reconfiguration
+6.94%current return
"Coty shares up nearly 3%. Their beauty brands, right? ... They've been struggling, right, to draw those shoppers in. So they bring the strategic review, consumer beauty brands, reworking their portfolio, right? ... I got 10% revenue growth in 2024. Loss is the single digit now... Free cash flow is sort of tepid."
— Tom Keen / Paul Sweeney / Panel discussion
Coty is undergoing a strategic review amid struggles to attract shoppers to its beauty brands. While the company posted a 10% revenue growth forecast for 2024 and modest losses, concerns remain over EBITDA margins and free cash flow. The reconfiguration excludes its higher-end brands, suggesting a focus on mass-market fragrances.
Company CommentaryNeutral/Mixed Low ConvictionScore: 6.8
Company Opinion •Stock Movers • 24 days ago