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Coty Inc (COTY.N)

COTY.N on New York Stock Exchange

9.31USD
8:39pm IST
Change (% chg)

$0.20 (+2.20%)
Prev Close
$9.11
Open
$9.25
Day's High
$9.44
Day's Low
$9.25
Volume
322,287
Avg. Vol
2,389,324
52-wk High
$14.14
52-wk Low
$5.91

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Mon, Jul 1 2019

Coty to write down $3 billion in assets as it restructures, shares tumble

Coty Inc said on Monday it would write down about $3 billion in value of brands acquired from Procter & Gamble Co, as the struggling cosmetics maker laid out a four-year restructuring plan, sending its shares down as much as 19%. | Video

Coty to write down $3 billion in assets as it restructures, shares tumble

Coty Inc said on Monday it would write down about $3 billion in value of brands acquired from Procter & Gamble Co , as the struggling cosmetics maker laid out a four-year restructuring plan, sending its shares down as much as 19%. | Video

UPDATE 2-Coty to write down $3 bln in assets as it restructures, shares tumble

July 1 Coty Inc said on Monday it would write down about $3 billion in value of brands acquired from Procter & Gamble Co, as the struggling cosmetics maker laid out a four-year restructuring plan, sending its shares down as much as 19%.

Coty to restructure, write down $3 bln of assets

July 1 Coty Inc on Monday announced a sweeping overhaul of its operations and said it would write down about $3 billion of its intangible assets as it looks to turn around its business following challenges in integrating brands acquired from Procter & Gamble Co in 2016.

Coty's revenue falls short of estimates, hit by supply hiccups and weaker demand

Coty Inc reported quarterly revenue that fell short of analysts expectations, hit by supply chain disruptions and lower demand for its mass market cosmetic brands such as CoverGirl and Rimmel, sending its shares down as much as 9 percent.

UPDATE 1-Coty's quarterly revenue falls short of estimates, hit by supply chain problems

May 8 Cosmetics maker Coty Inc reported quarterly revenue that missed Wall Street expectations on Wednesday, hit by supply chain disruptions and lower demand for its beauty products that includes Cover Girl and Rimmel brands.

REFILE-Coty's quarterly revenue misses expectations

May 8 Cosmetics maker Coty Inc reported quarterly revenue that missed Wall Street expectations on Wednesday, hit by supply chain disruptions and lower demand for its consumer beauty products that includes Cover Girl and Rimmel brands.

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