Coty Inc (NYSE:COTY)
$ 10.49 0.03 (0.29%) Market Cap: 9.10 Bil Enterprise Value: 13.16 Bil PE Ratio: 45.81 PB Ratio: 2.28 GF Score: 70/100
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Coty Inc at Evercore ISI Consumer & Retail Summit Transcript

Jun 16, 2021 / 02:15PM GMT
Release Date Price: $8.8 (-0.11%)
Robert Edward Ottenstein
Evercore ISI Institutional Equities, Research Division - Senior MD, Head of Global Beverages Research & Fundamental Research Analyst

Great. Good morning, good afternoon. We're very excited to have Sue Nabi from Coty here. In our view, Javier and myself, believe that Coty is one of the most exciting stories that we cover. So getting into things -- and sorry for the technical issues before, there seems to be a dramatic sea change in terms of the consumer attitude to fragrances.

And fragrances represent roughly 50% plus of Coty's business. Historically or more recently, fragrances was seen as maybe the poor or the slow sister among the beauty categories. That has changed dramatically. And so maybe to start things off, Sue, can you talk about how well positioned Coty is to play in fragrances, what you're doing to take advantage of those new opportunities and how well positioned you are for that, particularly in China, but also the rest of the world.

Questions & Answers

Sue Y. Nabi
Coty Inc. - CEO & Director

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