Coty raises fy24 outlook, fueled by momentum in its prestige business

New york--(business wire)--coty inc. (nyse: coty) (“coty” or “the company”), one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today increased its outlook for the first half and full year fy24. since providing its guidance on its fy23 earnings call four weeks ago, coty has seen strong momentum in beauty demand across its key markets and categories, particularly in prestige fragrances. at the same time, coty's.
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