• Coty's Sue Nabi Says Coty Results ‘Exceeded Expectations'

    17 days ago - By WWD

    New Coty Inc. chief executive officer Sue Nabi said the company is emerging “stronger” this quarter - and it looks like Wall Street agrees with her.
    Nabi noted that Coty's results for the quarter ended Sept. 30 exceeded the company's own expectations. Shares spiked more than 22 percent after the results were released, closing at $4.08. Citi analyst Wendy Nicholson called the results “better than we expected” in a note.
    “A stronger Coty has emerged this past quarter,” Nabi told WWD in an early morning video interview Friday. She credited market trends but also improvements in the company's...
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