Strobel stated Coty is providing limited near-term guidance: “While we've given guidance for Q1 only, we are targeting to deliver fiscal year '27 EBITDA and free cash flow close to fiscal '26 levels.” ...

Coty Inc. has continued to report a concerning sales trend, ultimately pressuring earnings as well. The new fiscal Q4 report didn't show a change in the trend. The Q1 guidance suggests more weakness ...

Coty said on Thursday that like-for-like revenues were down 1% to $1.3 billion in the fourth quarter of fiscal 2026, falling 5% to $5.8 billion for the full year. Shares dipped 7% in after-hours ...

Coty names former British American Tobacco finance chief Benchikh as CFO Interim CEO Markus Strobel says higher oil prices may cost $20 million to $30 million annually Tariff refunds could add up to ...

Coty observed that its results exceeded expectations despite sales growing only 1%. (Curiously, the beauty brand blamed "the Middle East conflict" for weak sales in the quarter.) CEO Markus Strobel ...

Coty named Soraya Benchikh as its next chief financial officer, bringing on an executive with experience in the tobacco and alcohol industries to help steer the beauty company's turnaround. Benchikh ...

In a landmark judgment on Aug. 14, South Africa’s Constitutional Court set aside exploration rights held by oil giant Shell and Impact Africa, a South African oil and gas company. The ruling prevents ...

Elon Musk’s vision for taking electric vehicles mainstream at Tesla TSLA-2.60%decrease; down pointing triangle helped make him the world’s richest man. Now he’s pulling up to the gas pump.

Former Minneapolis police officer Derek Chauvin, who was convicted of killing George Floyd, has again filed a petition to vacate his state murder conviction. On Tuesday, attorneys representing Chauvin ...

As skin ages, its pH shifts naturally and it may become drier, which changes the way alcohol-based fragrances behave with the body. A scent that had smelled great on you when you were 35 can smell ...