COTY Pulls Up Fiscal 2024 Outlook Despite Q3 Earnings Miss [Yahoo! Finance]
Utz Brands Inc Class A (UTZ)
Company Research
Source: Yahoo! Finance
The top line surpassed the consensus mark and grew year over year. The company saw robust growth in Prestige and Consumer Beauty segments across every region and core categories, including fragrances, color cosmetics, skin care and body care. The uptick was bolstered by a diverse portfolio of its top-performing brands. Management raised the high end of its guidance range for the fiscal 2024. Quarter in Detail Coty delivered adjusted earnings per share (EPS) of 5 cents, missing the Zacks Consensus Estimate of 6 cents a share. The bottom line slumped from 19 cents reported in the year-ago quarter. Coty's net revenues came in at $1,385.6 million, up 7.5% year over year. The metric surpassed the Zacks Consensus Estimate of $1,373.8 million. Like-for-like (LFL) revenues rose 10% on growth in the Prestige and Consumer Beauty business segments. Results benefited from growth in fragrances, color cosmetics, skin care and body care. We had expected LFL revenues to increase by 6.5%. In
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UTZ
News
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UTZ
Earnings
- 5/2/24 - Beat
UTZ
Sec Filings
- 5/7/24 - Form 4
- 5/7/24 - Form 4
- 5/7/24 - Form 4
- UTZ's page on the SEC website