Why Is Coty Stock Down 50%?
1. Coty stock has dropped over 50% from its peak, now close to $4. 2. Latest quarter shows 8% revenue decline and adjusted loss per share. 3. 15% tariff on European imports may reduce fiscal 2026 profits by $70 million. 4. Management projects 6-8% sales decline in first half of fiscal 2026. 5. Investment in digital and new product launches aims to stabilize revenue.