Loading...
Docoh

Coty (COTY)

Coty is one of the world's largest beauty companies with an iconic portfolio of brands across fragrance, color cosmetics, and skin and body care. Coty is the global leader in fragrance, and number three in color cosmetics. Coty's products are sold in over 150 countries around the world. Coty and its brands are committed to a range of social causes as well as seeking to minimize its impact on the environment.

Company profile

Ticker
COTY
Exchange
Website
CEO
Sue Nabi
Employees
Location
Fiscal year end
Former names
COTY INC /
SEC CIK
Subsidiaries
Coty Argentina S.A. • Coty Australia Holdings PTY Ltd. • Coty Australia • Gresham Cosmetics Pty Ltd • HFC Prestige International Australia PTY Ltd • Coty Beauty Austria GmbH • HFC Prestige Products N.V. • Coty Brasil Comércio Ltda • Lancaster do Brasil Cosmeticos Ltda. • Savoy Indústria de Cosméticos S.A. ...
IRS number
133823358

COTY stock data

Calendar

9 May 22
2 Jul 22
30 Jun 23
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Jun 21 Jun 20 Jun 19 Jun 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
5 Jun 22 Bretten Gordon von Class A common stock Option exercise Acquire M No No 0 230,984 0 420,708
5 Jun 22 Bretten Gordon von Restricted Stock Award Class A common stock Option exercise Dispose M No No 0 230,984 0 619,203
17 May 22 Goudet Olivier Class A common stock Buy Acquire P No No 6.4508 100,000 645.08K 739,129
16 May 22 Goudet Olivier Class A common stock Buy Acquire P No No 6.4775 50,000 323.88K 639,129
10 May 22 Goudet Olivier Class A common stock Buy Acquire P No No 6.1334 50,000 306.67K 589,129
10 Mar 22 Beatrice Ballini Class A common stock Buy Acquire P Yes No 7.87 7,000 55.09K 7,000
13F holders Current Prev Q Change
Total holders 301 318 -5.3%
Opened positions 50 74 -32.4%
Closed positions 67 40 +67.5%
Increased positions 117 112 +4.5%
Reduced positions 78 82 -4.9%
13F shares Current Prev Q Change
Total value 3.29B 3.69B -10.8%
Total shares 842.82M 830.37M +1.5%
Total puts 4.6M 7.82M -41.2%
Total calls 10.3M 16.12M -36.1%
Total put/call ratio 0.4 0.5 -7.9%
Largest owners Shares Value Change
Cottage Holdco B.V. 453.85M $0 0.0%
BLK Blackrock 46.63M $419.22M +20.0%
Integrated Core Strategies 41.07M $472.29M 0.0%
Vanguard 34.95M $314.21M +13.3%
Melvin Capital Management 29.4M $264.33M -30.0%
KKR Rainbow Aggregator 19.75M $0 0.0%
Clearbridge Advisors 16.86M $151.6M +123.3%
Mousseluxe Sarl 14.56M $0 0.0%
Segall Bryant & Hamill 11.95M $107.41M -20.3%
STT State Street 8.99M $80.78M +7.8%
Largest transactions Shares Bought/sold Change
Melvin Capital Management 29.4M -12.6M -30.0%
Clearbridge Advisors 16.86M +9.31M +123.3%
BLK Blackrock 46.63M +7.76M +20.0%
Point72 Asset Management 8.14M -5.06M -38.4%
GS Goldman Sachs 8.31M +4.65M +126.7%
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 4.48M +4.48M NEW
Vanguard 34.95M +4.09M +13.3%
Two Sigma Investments 0 -3.83M EXIT
Norges Bank 0 -3.69M EXIT
Citadel Advisors 0 -3.66M EXIT

Financial report summary

?
Risks
  • The beauty industry is highly competitive, and if we are unable to compete effectively, our business, prospects, financial condition and results of operations could suffer.
  • Further consolidation in the retail industry and shifting preferences in how and where consumers shop, including to e-commerce, may adversely affect our business, prospects, financial condition and results of operations.
  • Changes in industry trends and consumer preferences could adversely affect our business, prospects, financial condition and results of operations.
  • Our success depends, in part, on the quality, efficacy and safety of our products.
  • Our failure to protect our reputation, or the failure of our brand partners or licensors to protect their reputations, could have a material adverse effect on our brand images.
  • Our brand licenses may be terminated if specified conditions are not met, and we may not be able to renew expiring licenses on favorable terms or at all.
  • If we are unable to obtain, maintain and protect our intellectual property rights, in particular trademarks, patents and copyrights, or if our brand partners and licensors are unable to maintain and protect their intellectual property rights that we use in connection with our products, our ability to compete could be negatively impacted.
  • Our success depends on our ability to operate our business without infringing, misappropriating or otherwise violating the intellectual property of third parties.
  • Our business is subject to seasonal variability.
  • Our success depends on our ability to implement our Transformation Plan and achieve our global business strategies.
  • We have incurred significant costs in connection with the integration of acquisitions and simplifying our business, and expect to incur costs in connection with the implementation of our Transformation Plan, that could affect our period-to-period operating results.
  • Our new product introductions may not be as successful as we anticipate, which could have a material adverse effect on our business, prospects, financial condition and results of operations.
  • We may not be able to identify suitable acquisition targets and our acquisition activities and other strategic transactions may present managerial, integration, operational and financial risks, which may prevent us from realizing the full intended benefit of the acquisitions we undertake.
  • We face risks associated with our joint ventures and strategic partnership investments.
  • Our goodwill and other assets have been subject to impairment and may continue to be subject to impairment in the future.
  • A disruption in operations could adversely affect our business.
  • We outsource a number of functions to third-party service providers, and any failure to perform or other disruptions or delays at out third-party service providers could adversely impact our business, our results of operations or our financial condition.
  • Our success depends, in part, on our employees, including our key personnel.
  • If we underestimate or overestimate demand for our products and do not maintain appropriate inventory levels, our net revenues or working capital could be negatively impacted.
  • We are subject to risks related to our international operations.
  • We have taken on significant debt, and the agreements that govern such debt contain various covenants that impose significant operating and financial restrictions on us, which may adversely affect our business.
  • Our ability to service and repay our indebtedness will be dependent on the cash flow generated by our subsidiaries and events beyond our control.
  • Our variable rate indebtedness subjects us to interest rate risk, which could cause our debt service obligations to increase.
  • A general economic downturn, credit constriction, uncertainty in global economic or political conditions or other global events or a sudden disruption in business conditions may affect consumer spending, which could adversely affect our financial results.
  • Volatility in the financial markets could have a material adverse effect on our business, prospects, financial condition, results of operations, cash flows, as well as the trading price of our securities.
  • Fluctuations in currency exchange rates may negatively impact our financial condition and results of operations.
  • We are subject to legal proceedings and legal compliance risks.
  • Changes in laws, regulations and policies that affect our business or products could adversely affect our business, financial condition, results of operations, cash flows, as well as the trading price of our securities.
  • Our operations and acquisitions in certain foreign areas expose us to political, regulatory, economic and reputational risks.
  • Our employees or others may engage in misconduct or other improper activities including noncompliance with regulatory standards and regulatory requirements.
  • Violations of our prohibition on harassment, sexual or otherwise, could result in liabilities and/or litigation.
  • If the Distribution (as defined below) or the acquisition of the P&G Beauty Business does not qualify for its intended tax treatment, in certain circumstances we are required to indemnity P&G for resulting tax-related losses under the tax matters agreement entered into in connection with the acquisition of the P&G Beauty Business dated October 1, 2016 (the “Tax Matters Agreement”).
  • We are subject to risks related to our common stock, our stock repurchase program and our Stock Dividend Reinvestment Program.
Management Discussion
  • In fiscal 2020, we incurred $434.0 of asset impairment charges primarily due to $329.0 related to indefinite-lived other intangible assets and $105.0 related to goodwill, all reported in Corporate.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: amid, armed, ASC, Atelier, bond, Chloe, Codification, country, derecognizing, difficult, energy, escalation, exacerbate, exceed, fall, geopolitical, healthy, increasingly, invaded, invasion, larger, logistical, neighboring, notice, outbreak, overestimated, pause, paused, tail, terrorist, trademark, trajectory, Ukraine, unfolding, upcoming, uplift, war, wind
Removed: bad, eighteen, extended, trend

Patents

Utility
Hair-dyeing composition for minimizing ammonium hydroxide content and odor and method of producing the same
24 May 22
A hair-dyeing composition with an effect of minimizing hair damage and scalp irritation caused by ammonia prescription and ammonia odor, which is capable of decreasing ammonia odor peculiar to a hair-dyeing composition and also of supplementing the hair with amino acids similar to hair proteins to decrease hair damage, especially hair roughness and hair shortening, for healthy dyeing and a method of producing the same.
Utility
Fluid Dispenser
24 Feb 22
Provided is a fluid dispenser comprising a flexible container that contains the fluid, a rigid outer container that houses the flexible container, a dispensing member for drawing the fluid out from the flexible container, and optionally an interconnection piece.
Design
Bottle
15 Feb 22
Inventors: Cédric Ragot
Utility
Cosmetic Tensioning Composition
16 Dec 21
The present application relates to cosmetic compositions and in particular, to skintightening compositions and to compositions that improve the appearance of the skin by providing skin-tightening improvements to the skin, for treatment of, for example, eye bags, facial wrinkles and other skin imperfections, the cosmetic compositions comprising a polyvalent silicate; at least one film former, and a carboxylic acid wherein the pH of the composition is in the range 6.0 to 11.2 wherein the composition provides a tightening effect on application to the skin.
Utility
Linkable Polysiloxanes In Cosmetic Products
16 Dec 21
The present disclosure provides a linkable cosmetic composition.