Coty Inc. is a leading global beauty company that operates across fragrance, color cosmetics, skincare, and body care categories. The company offers a diverse portfolio of iconic brands, selling its products in over 120 countries and territories. Coty focuses on both high-end and mass-market beauty products, catering to a wide range of consumer preferences.
- Prestige - Offers high-end fragrances, cosmetics, and skincare products, targeting premium and luxury markets with brands like Gucci, Burberry, and Calvin Klein.
- Consumer Beauty - Focuses on mass-market products, including color cosmetics, body care, and mass fragrances, with key brands such as CoverGirl, Rimmel, and Sally Hansen.
You might also like
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Sue Y. Nabi ExecutiveBoard | Chief Executive Officer (CEO) | None | CEO since September 2020, previously Worldwide President at L’Oréal and founder of Orveda. Led Coty to consecutive years of double-digit growth and major fragrance launches. | View Report → |
Anna von Bayern Executive | Chief Corporate Affairs Officer | Lichtblick Children and Youth Foundation (philanthropy) | Joined Coty in September 2020. Former journalist and author. Leads corporate affairs and communications. | |
Kristin Blazewicz Executive | Chief Legal Officer, General Counsel, and Secretary | None | Joined Coty in March 2020. Oversees legal and compliance. Previously VP at Keurig Dr Pepper and associate at Gibson Dunn & Crutcher. | |
Laurent Mercier Executive | Chief Financial Officer (CFO) | None | CFO since February 2021, joined Coty in 2017. Previously held finance leadership roles at Danone. | |
Priya Srinivasan Executive | Chief People & Purpose Officer | None | Joined Coty in April 2023. Oversees HR and purpose-driven initiatives. Previously held HR leadership roles. | |
Anna Adeola Makanju Board | Director | VP of Global Impact at OpenAI; Director at Panera Brands | Joined Coty Board in December 2020. Policy and governance expert with experience at Facebook and the U.S. government. | |
Beatrice Ballini Board | Director | Operating Partner at VAM Investments; Board Member at Gruppo Florence and VAM Investments SPAC BV | Joined Coty Board in September 2019. Chair of the Remuneration and Nomination Committee. Extensive experience in retail and family business governance. | |
Isabelle Parize Board | Director | Director at Carbios and FLO Health Inc. | Joined Coty Board in February 2020. Extensive experience in beauty and retail, including CEO roles at Douglas Holding and Nocibe. | |
Joachim Creus Board | Director | CEO, Managing Partner, and Vice Chairman at JAB Sarl; Director at JDE Peet’s and Keurig Dr Pepper | Joined Coty Board in 2019. Extensive expertise in legal, tax, and corporate governance. Key leader at JAB Sarl. | |
Johannes Huth Board | Vice Chairman and Lead Independent Director | Board Member at Axel Springer SE, Roompot, and Marshall Wace Ltd.; Chairman of Invest Europe; Trustee at Städel Museum and others | Joined Coty Board in May 2020. Extensive global investment and governance experience. Appointed Lead Independent Director in June 2023. | |
Lubomira Rochet Board | Director | Director at Keurig Dr Pepper, Societe Generale, and JAB-controlled entities | Joined Coty Board in January 2023. Former Chief Digital Officer at L’Oréal. Expert in digital transformation. | |
Olivier Goudet Board | Director | Senior Investment Advisor at JAB Sarl; Chairman at Krispy Kreme; Director at Keurig Dr Pepper, JDE Peet’s, and others | Joined Coty Board in 2013. Brings financial and strategic expertise from leadership roles at JAB and other companies. | |
Peter Harf Board | Chairman of the Board | CEO, Managing Partner, and Vice Chairman at JAB Sarl; Director at Keurig Dr Pepper, JDE Peet’s, and others | Chairman since November 2018. Longtime Coty Board member (since 1996). Extensive leadership experience at JAB and other global companies. | |
Robert Singer Board | Director | Director at Swarovski, Keurig Dr Pepper, and Panera Bread; Advisor to IDG Capital | Joined Coty Board in 2010. Extensive financial and operational expertise. Former Lead Independent Director (2020–2023). |
-
Your target for mid-single-digit growth in fiscal '26 and beyond reflects a deceleration from your previous long-term target of 6% to 8% growth; what factors are driving this slowdown, and how do you plan to address potential challenges to maintain robust growth?
-
With some of your retail partners rightsizing their store fleets and facing their own challenges, how are you managing the associated risks to your distribution channels, and what strategies are in place to mitigate potential negative impacts on your sales?
-
The possibility of a 10% to 20% customs tax on imported products into the U.S. could significantly affect your prestige products made in Europe; how do you plan to mitigate this cost impact, and are you considering relocating production to facilities in the U.S. or other regions?
-
Given recent declines in China and Travel Retail Asia, suggesting you're no longer immune to turmoil in these markets, how do you plan to address these challenges and capitalize on growth opportunities in these regions?
-
As you implement your new demand planning program consolidating planning hubs, what key risks do you foresee, and how are you managing them to ensure it doesn't disrupt your supply chain or negatively affect your service levels?
Research analysts who have asked questions during COTY earnings calls.
Anna Lizzul
Bank of America Corporation
5 questions for COTY
Susan Anderson
Canaccord Genuity Group
5 questions for COTY
Ashley Helgans
Jefferies
4 questions for COTY
Christopher Carey
Wells Fargo & Company
4 questions for COTY
Oliver Chen
TD Cowen
4 questions for COTY
Andrea Teixeira
JPMorgan Chase & Co.
3 questions for COTY
Filippo Falorni
Citigroup Inc.
3 questions for COTY
Korinne Wolfmeyer
Piper Sandler & Co.
3 questions for COTY
Olivia Tong Cheang
Raymond James Financial, Inc.
3 questions for COTY
Robert Ottenstein
Evercore ISI
3 questions for COTY
Carla Casella
JPMorgan Chase & Co.
2 questions for COTY
Julia Shelanski
TD Securities
2 questions for COTY
Mark Astrachan
Stifel
2 questions for COTY
Olivia Tong
Raymond James Financial, Inc.
2 questions for COTY
Patrice Kanada
Goldman Sachs Group, Inc.
2 questions for COTY
Priya Ohri-Gupta
Barclays Capital
2 questions for COTY
Shovana Chowdhury
JPMorgan Chase & Co.
2 questions for COTY
Steve Powers
Deutsche Bank
2 questions for COTY
Sydney Wagner
Jefferies
2 questions for COTY
Anna Lazul
Bank of America Corporation
1 question for COTY
Bonnie Herzog
Goldman Sachs
1 question for COTY
Chris Terry
Wells Fargo & Company
1 question for COTY
Priya Uri Gupta
Barclays PLC
1 question for COTY
Stephen Robert Powers
Deutsche Bank
1 question for COTY
| Customer | Relationship | Segment | Details |
|---|---|---|---|
Walmart | Retail distribution of Coty products | All | 4% of total net revenues in FY2025 |
A.S. Watson | Retail distribution of Coty products | All | 4% of total net revenues in FY2025 |
Recent press releases and 8-K filings for COTY.
- Coty anticipates a return to growth in the second half of fiscal year 2026 (H2 FY26) and projects full-year fiscal 2026 EBITDA to be above $1 billion, despite ongoing retailer inventory reduction expected through the end of calendar year 2025.
- The company is committed to divesting its Velar stake to accelerate deleveraging and expects free cash flow to grow in fiscal year 2026.
- Coty is strategically focusing on increasing the profitability of its color cosmetics business and is managing a promotional environment observed across the beauty sector, while leveraging growth in the healthy prestige and mass fragrance categories.
- New product launches, including Hugo Boss Beyond, and the expansion into the rapidly growing perfume mist market (an $8 billion market doubling year on year) are expected to be key drivers for the second half of fiscal year 2026.
- Coty is considering a sale, possibly splitting its luxury and consumer divisions, triggering a 9–13% stock rally on sale rumors.
- Analysts maintain a Hold rating with an average price target of $7.06 (range $4.00–$13.50), implying a 36.31% upside.
- GuruFocus pegs Coty’s one-year fair value at $9.72, suggesting an 87.64% upside from current levels.
- The company reports strong growth in its Prestige fragrance category in the US and Europe and profitable mass fragrances, and is building an innovation pipeline for FY 2026 under CEO Sue Nabi.
- Q3 outlook and Q4 guidance: The management detailed that Q3 results were influenced by efforts to clean up the sales baseline in the Prestige division, with expectations of sharper sales deceleration in Q4 driven mainly by the Consumer Beauty division challenges.
- Prestige division strength and innovation pipeline: The company maintained mid-single-digit growth in the U.S. and solid performance in European markets for Prestige fragrances, and announced plans for a blockbuster new launch in fiscal '26 to drive future growth.
- Structural cost savings and organizational changes: Coty is implementing structural cost-saving initiatives totaling $370 million over the next two years, alongside U.S. organizational realignment to improve agility amid tighter retailer inventory management.
- Mixed performance in Consumer Beauty: While mass fragrance shows high single-digit to double-digit growth, the color cosmetics segment in Consumer Beauty experienced mid-single-digit declines, primarily due to a challenging price/volume mix influenced by lower margins in key markets.