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Coty Poised to Deliver In-Line Fiscal Q1 Results, Conservative Fiscal 2027 Guidance, RBC Says

Coty Poised to Deliver In-Line Fiscal Q1 Results, Conservative Fiscal 2027 Guidance, RBC Says

MT newswireMT newswire2026/11/02 14:59
10:59 AM EST, 11/02/2026 (MT Newswires) -- Coty (COTY) is expected to deliver fiscal Q1 results within its guidance range, as well as continued conservative guidance for the rest of the fiscal year, with contraction in H1 partially offset by expansion in H2, RBC Capital Markets said in a Monday note. The company is scheduled to release its fiscal Q1 financial results on Wednesday. Expectations are low and the outlook is unclear for the company, RBC analysts said. They expect H1 to remain impacted by ongoing turnaround initiatives, which are seen pressuring profit and EPS on a year-over-year basis. With easier comps expected in H2, Coty may be able to return to revenue and profit growth, according to the note. Investors will closely watch the forward strategy of Executive Chairman and interim Chief Executive Officer, as well as commentary from new chief financial officer Soraya Benchikh, the analysts said. They remarked that Benchikh is an "appropriate leader" for the role, although they noted that beauty is a more complex category than tobacco or beverage alcohol. Coty's stock has recently showed "strong absolute performance," rising 30% in October, which will likely limit further upside, the analysts said. RBC's rating on the company's stock is sector-perform with a price target of $3. Price: 3.50, Change: +0.10, Percent Change: +2.79
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