Makeup Prices Are Soaring as Social Events Eclipse Tight Budgets [Business News Network (BNN) (Canada)]
Coty Inc. Class A (COTY)
Last coty inc. class a earnings: 2/5 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.coty.com
Company Research
Source: Business News Network
Prices for makeup, perfume, bath and nail products rose 2.3% in August from a month earlier, the largest increase since December 2006. Compared with a year ago, prices in the category were up 4.2%, the largest increase since 2009. Beauty was the only retail category that grew on a unit sales basis between late July 2021 and this year, according to data from NPD Group. While other discretionary products have seen flagging demand as consumers grapple with higher food and gas costs, beauty has maintained solid growth, both because cosmetics products need to be refilled and because many Americans are spending more time away from home. That demand has allowed companies to continue to raise prices while maintaining higher sales volumes. Coty Inc., which owns brands including Covergirl and Sally Hansen, said late last month that it's rolling out another round of price increases and so far there hasn't been an impact on unit sales. “The beauty category is not showing any sign of slowdo
Show less
Read more
Impact Snapshot
Event Time:
COTY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COTY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COTY alerts
High impacting Coty Inc. Class A news events
Weekly update
A roundup of the hottest topics
COTY
News
- Coty Inc. (NYSE: COTY) had its "buy" rating re-affirmed by analysts at DA Davidson. They now have a $17.50 price target on the stock.MarketBeat
- 15 Best Everyday Colognes in 2024 [Yahoo! Finance]Yahoo! Finance
- Cosmetics Market Analysis, Size, and Global Forecast Report 2023-2032 Featuring Coty, P&G, Estee Lauder, Colgate-Palmolive, Johnson & Johnson, Revlon, Beiersdorf, Kao, LVMH, and Mary Kay [Yahoo! Finance]Yahoo! Finance
- The Business Of Thinking Big – Why Managers Should Study Philosophy [Forbes]Forbes
- Coty Inc. (NYSE: COTY) had its price target lowered by analysts at Citigroup Inc. from $13.00 to $12.00. They now have a "neutral" rating on the stock.MarketBeat
COTY
Earnings
- 2/7/24 - Beat
COTY
Sec Filings
- 4/2/24 - Form 4
- 3/6/24 - Form 4
- 2/9/24 - Form 8-K
- COTY's page on the SEC website