COTY

In the past six months, Coty experienced several stock events: Q3 Fiscal Year 2026 results showed decreased net revenues year-over-year, primarily due to lower sales in the Middle East, France, and Central and Eastern Europe, though sales increased in Asia. The company announced organizational changes to advance its 'Coty.Curated' strategy, aiming for enhanced agility. Coty agreed to transition the Gucci beauty license back to Kering for approximately $400 million, which led to a credit rating downgrade due to concerns about lost EBITDA. Q4 Fiscal Year 2026 results were ahead of expectations with 1% reported sales growth and increased operating and free cash flow. Soraya Benchikh was appointed as Chief Financial Officer. Additionally, Coty sold its remaining stake in Wella to KKR for $750 million, further reducing its stake and aligning with its deleveraging commitment.