COTY on Track With Cost Savings Amid Inflationary Headwinds [Yahoo! Finance]
Vital Farms, Inc. (VITL)
Company Research
Source: Yahoo! Finance
Management is on track with cost-saving efforts to counter inflationary headwinds. Let's delve deeper. Core Priorities Drive Growth The company is benefiting from its focus on six strategic pillars that are aimed at sustainable growth. These include stabilizing Consumer Beauty make-up brands and mass fragrances; accelerating luxury fragrances and setting up Coty as a core player in prestige make-up; establishing a skincare portfolio in prestige and mass channels; strengthening e-commerce and Direct-to-Consumer (DTC) capabilities; growing presence in China via Prestige and certain Consumer Beauty brands; and setting Coty as an industry leader in sustainability. Coty is benefiting from the booming global prestige fragrance market. In the second quarter of fiscal 2024, its Prestige fragrance revenues increased 15% LFL. In the first half of fiscal 2024, e-commerce sales were a driver, with Prestige and Consumer Beauty seeing more than 20% e-commerce growth. Results benefited from
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VITL
News
- Vital Farms, Inc. (NASDAQ: VITL) had its price target raised by analysts at Stifel Nicolaus from $22.00 to $30.00. They now have a "buy" rating on the stock.MarketBeat
- Vital Farms (VITL) Earnings Expected to Grow: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Vital Farms to Report First Quarter 2024 Financial Results on May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- Vital Farms to Report First Quarter 2024 Financial Results on May 9, 2024GlobeNewswire
- Vital Farms, Inc. (NASDAQ: VITL) had its price target raised by analysts at Lake Street Capital from $26.00 to $32.00. They now have a "buy" rating on the stock.MarketBeat
VITL
Earnings
- 3/7/24 - Beat
VITL
Sec Filings
- 4/23/24 - Form 4
- 4/19/24 - Form 144
- 4/16/24 - Form 4
- VITL's page on the SEC website