American cosmetics giant Coty Group fell more than 9.7% to $8.28. According to the news, due to the slowdown in the US economy, Coty expects same-store sales to increase by 4% to 5% in the first fiscal quarter ending in September of this year, compared to the previous forecast of 6%. Coty now expects a moderate increase in same-store sales in the second quarter, which will accelerate in the second half of the year. The company will officially announce its first quarter results on November 6.

Zhitongcaijing · 10/15 13:57
American cosmetics giant Coty Group fell more than 9.7% to $8.28. According to the news, due to the slowdown in the US economy, Coty expects same-store sales to increase by 4% to 5% in the first fiscal quarter ending in September of this year, compared to the previous forecast of 6%. Coty now expects a moderate increase in same-store sales in the second quarter, which will accelerate in the second half of the year. The company will officially announce its first quarter results on November 6.