Could Coty Benefit From This New Phase of Panic Buying? [The Motley Fool]
Amazon.com, Inc. (AMZN)
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Source: The Motley Fool
The next shortage in the coronavirus pandemic could be grooming products. New data show increased sales of hair dye, hair clippers, and more supplies with salons just about everywhere closed. Sales of hair-coloring products rose %, and hair clippers were up by 66% in the week ended April , according to Nielsen data.WalmartThe Today ShowCould this help lift shares ofCoty(NYSE:COTYImage Source: Getty ImagesCoty isn't benefiting yet from increased demand for home beauty productsGiven the uncertain timeline of states re-opening businesses categorized as non-essential, salons and barber shops may face long closures. This means U.S. consumers could be stuck without any professional beauty and grooming options for an extended time. More people may opt for do-it-yourself methods.The beauty company hasn't seen a revenue uptick from beauty purchases thus far from U.S. quarantines. On March 0, Coty withdrew guidance for fiscal 00 (which ends in June) and announced a 0% decrease in net revenues i
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News
- Trump replaces architect to lead $300-million White House ballroom design [Los Angeles Times (CA)]Los Angeles Times
- Amazon.com (NASDAQ:AMZN) was given a new $300.00 price target on by analysts at UBS Group AG.MarketBeat
- MacKenzie Scott is trying to close the DEI gap in higher ed, with $155 million in donations this week alone [Fortune]Fortune
- Amazon.com (NASDAQ:AMZN) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.MarketBeat
- MacKenzie Scott's Higher Ed Philanthropy Tops $1 Billion For The Year [Forbes]Forbes
AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website