Coty (NYSE:COTY) recently ended a period that saw its lofty ambitions end in difficulty and disappointment. Somewhat poetically, its time as an S&P; 500 company bookended this period almost perfectly after it was added in late 2016 and subsequently dumped last September.
Coty Announces $2.5bn Wella Sale to Complete by November 30, 2020
Coty's (COTY) first-quarter fiscal 2021 results reflect e-commerce strength and gains from innovation. Also, solid cost savings are a driver.