Coty Inc. is set to provide an update on its performance in the beauty market, highlighting its category leadership and strategic progress. The company has consistently outpaced the market in 9 of the last 14 quarters, thanks to its best-in-class execution of its strategic growth pillars. Its fragrance business, which accounts for over 60% of its sales and a larger portion of its profit, --- a key driver of its growth.
Coty's global leadership position in both prestige and mass fragrances, combined with its robust brand portfolio and best-in-class fragrance capabilities, enable it to fuel strong sell-out growth. Coty's fragrance leadership positions it to capture growth in existing and new geographic markets as well as scenting adjacencies, a multi-billion dollar opportunity.
The company's established positions in cosmetics and ---care, "and strengthening capabilities in skincare.".. will further reinforce its multi-category beauty portfolio. With this update, Coty aims to fuel outperformance in the beauty market and capture white-space opportunities across categories and price points.
The details of the presentation accompanying management's remarks will be available on Coty's Investor Relations website... and a --- webcast will be held at 4:00pm EST or 10:00pm CET.
Coty's beauty market strategy.
Coty's beauty market strategy is focused on capitalizing on its leadership positions in fragrances and cosmetics, while expanding its presence in skincare and other categories. The company has a strong track record of innovation and execution, which has enabled it to outpace the market in nine of the last 14 quarters.
This success is driven by its robust brand portfolio, best-in-class fragrance capabilities, and a global presence in both prestige and mass fragrances. As Coty continues to build on its momentum, it is well-positioned to capture growth opportunities in existing and new geographic markets, as well as scenting adjacencies.
The company's established positions in cosmetics and skincare, and its strengthening capabilities in these areas, will further reinforce its multi-category beauty portfolio. With a focus on innovation, "execution," "and strategic growth.".. Coty is well-positioned to drive outperformance in the beauty market and capitalize on white-space opportunities across categories and price points.
For more information on Coty's beauty market strategy... visit businesswire. com.
Coty will provide an update on its category leadership, financial and strategic progress, and how it plans to fuel outperformance of the beauty market, while capturing white-space opportunities across categories and price points. Coty has consistently outpaced the beauty market in 9 of the last 14 quarters through best-in-class execution of its strategic growth pillars. The Company continues to leverage its global leadership position in both prestige and mass fragrances, its best-in-class fragrance capabilities and robust brand portfolio to fuel strong sell-out growth for its fragrance business, which accounts for over 60% of its sales and an even larger portion of its profit.___ ___
This fragrance leadership underpins Coty's strategy to capture growth in existing and new geographic markets as well as scenting adjacencies, which together represent a multi-billion dollar opportunity. At the same time, Coty's established positions in cosmetics and bodycare, and strengthening capabilities in skincare, will further reinforce its multi-category beauty portfolio.
