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via reuters.comBusiness & Companies

Coty forecasts soft second-quarter profit as higher costs cloud turnaround

FROM THE WIRE · REUTERS.COM

Coty forecasts soft second-quarter profit as higher costs clouds turnaround efforts

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA soft profit forecast can weigh on the Coty stock while its turnaround is in question.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Coty forecasts soft second-quarter profit.
  2. 02Higher costs cloud its turnaround efforts.
  3. 03The available text is limited to the headline.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Coty Inc.COTYStock3.47 USDMarket closedtoday +5.47%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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