Coty misses quarterly revenue estimates on slowing demand for cosmetics
Coty cut its annual profit forecast on Monday after missing second-quarter revenue estimates on Monday, as it grapples with slowing demand for cosmetics in the U.S. and a tighter control of beauty inventory by retailers.
Coty cut its annual profit forecast on Monday after missing second-quarter revenue estimates on Monday, as it grapples with slowing demand for cosmetics in the U.S. and a tighter control of beauty inventory by retailers.
