Coty Faces Challenges As Category Weakness Lies Ahead, Say Analysts
1. Coty's revenue declined 1% year-over-year in Q2 FY25. 2. Consumer Beauty segment dropped 4% LFL sales, impacting overall performance. 3. Adjusted EBITDA reached $391 million, exceeding expectations by 7%. 4. Coty lowered FY25 guidance amid foreign exchange and sector challenges. 5. Shares dropped 7.90%, indicating market negative sentiment towards Coty's outlook.